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A cycle was sold at a gain of 10%. Had i...

A cycle was sold at a gain of 10%. Had it been sold for Rs. 260 more, the gain would have been 14% . Find the cost price of cycle.

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To solve the problem step by step, we will denote the cost price of the cycle as \( CP \). ### Step 1: Define the Selling Price at 10% Gain The selling price (SP) when the cycle is sold at a gain of 10% can be calculated using the formula: \[ SP = CP + \text{Gain} \] Since the gain is 10% of the cost price, we can express this as: \[ SP = CP + 0.10 \times CP = 1.10 \times CP \] ### Step 2: Define the Selling Price at 14% Gain If the cycle is sold for Rs. 260 more, the selling price becomes: \[ SP' = SP + 260 \] At this selling price, the gain is 14%. Therefore, we can express this as: \[ SP' = CP + 0.14 \times CP = 1.14 \times CP \] ### Step 3: Set Up the Equation Now we can set the two expressions for the selling price equal to each other: \[ 1.10 \times CP + 260 = 1.14 \times CP \] ### Step 4: Solve for CP Rearranging the equation gives: \[ 260 = 1.14 \times CP - 1.10 \times CP \] \[ 260 = (1.14 - 1.10) \times CP \] \[ 260 = 0.04 \times CP \] Now, divide both sides by 0.04 to find \( CP \): \[ CP = \frac{260}{0.04} = 6500 \] ### Conclusion The cost price of the cycle is Rs. 6500.
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RS AGGARWAL-PROFIT AND LOSS -EXERCISE 10A
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  2. A dealer sold camera for Rs. 1080 gaining 1/8 of its cost price. Find...

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  3. Meenakshi sells a pen for Rs.54 and loses 1/10 of her outlay. Find (i)...

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  4. A dealer gets Rs. 940 more if instead of selling a table at a loss of ...

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  5. A dealer gets Rs.56 less if instead of selling a chair at a gain of 15...

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  6. A cycle was sold at a gain of 10%. Had it been sold for Rs. 260 more, ...

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  7. Sonu buys 40kg of wheat at Rs. 12.50 per kg and 30kg of wheat at Rs. 1...

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  8. Wasim bought two cricket bats for Rs. 840 and Rs. 360 respevtively. He...

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  9. Hema bought two pairs of jeans for Rs. 1450 each. She sold one of them...

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  10. A grocer purchased 200kg of rice at 25 per kg.He sold 80kg of it at a...

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  11. If the selling price of a TV set is equal to 6/5 of its cost price, fi...

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  12. If the selling price of a flower vase is 5/6 of its cost price, find t...

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  13. By selling a bouquet for Rs.322 a florist gains 15%. At what price sho...

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  14. By selling an umbrella for Rs. 336, a shopkeeper loses 4%. At what pri...

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  15. A radio is sold for Rs. 3120 at a loss of 4%. What will be the gain or...

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  16. Luxmi sold two sarees for Rs.1980 each. On one, she lost 10%. While on...

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  17. A shopkeeper sold two fans for Rs. 1140 each. One he gains 14%, while...

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  18. Vinod sold a watch to Arun at a gain of 12% and Arun had to sell it t...

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  19. Ahmed buys a plot of land for Rs. 480000. He sells 2/5 of it at a los...

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  20. A grocer bought sugar worth of Rs. 4500. He sold one-third of it at a ...

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