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