Q. 545.0( 3 Votes )

# A dealer bu

Answer :

Let the selling price of bicycle be x

Cost price of the bicycle = Rs. 1250

Mark at 40% above the cost price

Mark price of the bicycle = Cost price + 40 % of the cost price = 1250 + 500

= 1750

After this, he gave a 8% discount on this amount so

Discount  Selling price of bicycle = Marked price of bicycle – Discount

selling price of bicycle = 1750 – 140 = 1610

Profit = 1610 – 1250 = 360

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