Multiple choice

Pankaj bought a bicycle and sold it at a loss of 5%. If he had bought it for 10% less and sold it for Rs. 330 more, he would have gained a profit of 30%. Th cost price of the bicycle is- पंकज एक साइकिल खरीदता है और इसे 5% हानि पर बेच देता है। यदि वह इसे 10% कम में खरीदता और 330 रू. अधिक में बेच देता है। वह 30% का लाभ प्राप्त करता है। साइकिल का क्रय मूल्य है-

  1. Rs. 3300

  2. Rs. 5500

  3. Rs. 1500

  4. Rs. 3000

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let CP be the cost price. Original selling price at 5% loss: 0.95 × CP. New CP: 0.9 × CP. New SP: 0.95 × CP + 330, giving 30% profit on new CP, so 0.95 × CP + 330 = 1.3 × 0.9 × CP. Solving gives CP = 1500. This tests profit-loss percentage relationships.