Multiple choice

Aniruddha sold a bicycle at a gain of 8%. If he would sold it for Rs.75 more, the gain would have been 14%, what was the cost price of the bicycle? अनिरूद्ध ने एक साइकिल 8% लाभ पर बेचा, यदि वह इसे रू 75 अधिक में बेचता है तो उसे 14% लाभ होता। साइकिल का क्रय मूल्य क्या था?

  1. Rs.1200

  2. Rs.1250

  3. Rs.1350

  4. Rs.1500

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

Let CP be x. 8% gain means SP = 1.08x. 14% gain means SP = 1.14x. Difference is Rs. 75, so 1.14x - 1.08x = 75, which gives 0.06x = 75, hence x = 75/0.06 = Rs. 1250. The key is recognizing that the additional Rs. 75 represents the difference between 14% and 8% (which is 6%) of the cost price.