SOLUTION: A bicycle dealer allows 10% discount and still makes a profit of 20% on his bicycle.
If the total profit he makes is rs 150 find the list price of the cycle.
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If the total profit he makes is rs 150 find the list price of the cycle.
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Question 1041782: A bicycle dealer allows 10% discount and still makes a profit of 20% on his bicycle.
If the total profit he makes is rs 150 find the list price of the cycle. Answer by jorel555(1290) (Show Source):
You can put this solution on YOUR website! If 150 represents his profit, which is 20%, then his price is:
.20n=150
n=150/.2=750
If 750 is 90% of the list price, then:
.9n=750
n=750/.9=rs 833.33 is the list price of the bicycle. ☺☺☺☺
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