Raju sold a bicycle to Amit at 8% profit. Amit repaired it spending Rs.54. Then he sold the bicycle to Nikhil for Rs.1134 with no loss and no profit. Find the cost price of the bicycle for which Raju purchased it.
let the cost of the cycle for Raju be ![]()
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So according to given conditions total cost = total selling price
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Adding
on both sides
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Multiplying by
on both side
100x + 8x = 108000
108x = 108000
Dividing by
on both side
x = 1000
So, cost of cycle to Raju is Rs.1000
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