Mathematics · Profit and Loss
Raju bought a bicycle and sold it after a year for 20% less than its purchase price. If he had sold it for 10% less than the purchase price instead, he would have gained Rs. 100 more than what he actually got. What was the purchase price of the bicycle?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 2,000
- 2Rs. 1,500
- 3Rs. 1,200
- 4Rs. 1,000✓
Correct answer
Rs. 1,000
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