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By selling a cycle for ₹5,800, a man gains 45%. What will be the cost price of the cycle?
Question

By selling a cycle for ₹5,800, a man gains 45%. What will be the cost price of the cycle?

A.

₹3,000

B.

. ₹4,500

C.

₹4,000

D.

₹3,500

Correct option is C

Selling Price = Cost Price × (1+p100)(1 + \frac{p}{100})

5800  = Cost Price × (1+ 45/100)

Cost Price = 5800×100145=Rs.4000\frac{5800×100}{145} = Rs. 4000​​

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