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A trader sold a cycle at a loss of 10%. If the selling price had been increased by Rs. 200, there would have been a gain of 6%. The cost price of the cycle is
-
- Rs. 1200
- Rs. 1205
- Rs. 1250
- Rs. 1275
Correct Option: C
Let the C.P. of cycle be Rs. y.
Case I,
For loss of 10% ,
S.P. of cycle = Rs. | 90y | ||||
100 |
S.P. of cycle = Rs. | 10 |
Case II,
From question ,
106% of y = | + 200 | 10 |
⇒ | - | = 200 | 100 | 10 |
⇒ | = 200 | 100 |
⇒ | = 200 | 100 |
⇒ y = | = Rs. 1250 | 16 |