A cycle is sold at 20% gain. If it had been sold at 20% loss, the selling price would have been Rs. 120 less. The cost price of the cycle is

Question

A cycle is sold at 20% gain. If it had been sold at 20% loss, the selling price would have been Rs. 120 less. The cost price of the cycle is
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Solution 1

Let's solve this step by step:

Step 1: Let's assume the cost price of the cycle is Rs. x.

Step 2: According to the problem, the cycle is sold at a 20% gain. So, the selling price of the cycle would be Rs. x + 20% of x = 1.2x.

Step 3: The problem also states that if the cycle had been sold at a 20 Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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