A tricycle is slold at a gain of 16%. Had it been sold for Rs 100 more, the gain would have been 20%. Find the C.P. of the tricycle.
Let CP of tricycle = Rs.x
Gain% = 16%
Selling price of tricycle = ![]()
If selling price is Rs. 100 more
Gain = 20%
= 20 =
×100
= ![]()
= ![]()
= x = ![]()
∴CP of tricycle = Rs.2500
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