Having sold a bicycle for Rs.1620 a person lost 10%. At what price he should sell the bicycle to gain 10%?

  1. Rs.1800.00
  2. Rs.1980.00
  3. Rs.2040.00
  4. Rs.2160.00
Anurag Mishra Professor Asked on 30th April 2016 in Maths.
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  • 1 Answer(s)

    Answer: (2) Rs.1980.00

    Solution:-
    Having sold a bicycle for Rs.1620 a person lost 10%. 
    Then, the price of bicycle =  1620 x 100/90
     = Rs.1800

    He want to gain 10% at the price. 
    Then, the selling price of bicycle = 1800 x 110/100
     = Rs.1980.00

    Hence, the correct answer is option (2) Rs.1980.00. 

    Anurag Mishra Professor Answered on 1st May 2016.
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