Finding Prices / Charges Related to Buying and Selling
Sanjay sold a...
Question
Sanjay sold a bicycle to Salman at 46% profit Salman spent Rs 40 on repairs and sold it to Sunil for Rs 1500 In this deal Salman made neither profit nor loss What is the cost of Sanjay?
A
Rs 900
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B
Rs 960
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C
Rs 1000
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D
Rs 1060
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Solution
The correct option is C Rs 1000 Let cost price of bicycle to sanjay is Rs x
Then sold price of bicycle =146100x Rs
Salman spend Rs 40 on repair then cost price to salman =146100x+40 Rs