Question 28

Mukesh purchased 10 bicycles in 2017, all at the same price. He sold six of these at a profit of 25% and the remaining four at a loss of 25%. If he made a total profit of Rs. 2000, then his purchase price of a bicycle, in Rupees, was

Name: Mukesh purchased 10 bicycles in 2017, all at the same price. He sold six of these at a profit of 25% and the remaining four at a loss of 25%. If he made a total profit of Rs. 2000, then his purchase price of a bicycle, in Rupees, was
Uploaded: May 3, 2022, 4:57 p.m.
Duration: 1 min 35 s
Description: Mukesh purchased 10 bicycles in 2017, all at the same price. He sold six of these at a profit of 25% and the remaining four at a loss of 25%. If he made a total profit of Rs. 2000, then his purchase price of a bicycle, in Rupees, was

Solution

Let the cost of each bicycle= 100b

CP of 10 bicycles = 1000b

It is given that he sold six of these at a profit of 25% and the remaining four at a loss of 25%

SP of 10 bicycles = 125b*6+75b*4

=1050b

Profit = 1050b-1000b =50b

50b=2000

CP = 100b = 4000

Share on Whatsapp Share on Whatsapp

Boost your CAT prep: Take All-India 3 free CAT mock tests with Video solutions

Video Solution

Click on the Email ☝️ to Watch the Video Solution

Create a FREE account and get:

All Quant CAT complete Formulas and shortcuts PDF
35+ CAT previous year papers with video solutions PDF
5000+ Topic-wise Previous year CAT Solved Questions for Free

CAT Quant Questions | CAT Quantitative Ability

CAT Logarithms, Surds and Indices Questions CAT Remainders Questions CAT Arithmetic Questions CAT Inequalities Questions CAT Simple Interest Compound Interest Questions

CAT DILR Questions | LRDI Questions For CAT

CAT Special Charts Questions CAT DI with connected data sets Questions CAT Coins and Weights Questions CAT Charts Questions CAT Arrangement Questions

CAT Verbal Ability Questions | VARC Questions For CAT

CAT Vocabulary Questions CAT Odd One Out Questions CAT Grammar and Sentence Correction Questions CAT Reading Comprehension Questions CAT Para Jumbles Questions

Also Read

CAT Mock Tests

CAT 2025 Course

Free CAT Preparation

CAT Questions

CAT Formulas PDF

CAT Study Material

CAT Score vs Percentile

CAT Score Calculator

CAT Percentile Predictor

CAT Sectional Tests

CAT Exam

CAT Prep Videos

CAT Registration

CAT Syllabus 2025

CAT Eligibility Criteria

CAT Admit Card

CAT 2019 QA Question Paper Quant Slot 2 Question

Mukesh purchased 10 bicycles in 2017, all at the same price. He sold six of these at a profit of 25% and the remaining four at a loss of 25%. If he made a total profit of Rs. 2000, then his purchase price of a bicycle, in Rupees, was

Video Solution

CAT Quant Questions | CAT Quantitative Ability

CAT DILR Questions | LRDI Questions For CAT

CAT Verbal Ability Questions | VARC Questions For CAT

Also Read

Free CAT Quant Questions

Login to your Cracku account

Hello! 👋

Ready to Unlock Your Success?

Please Enter Your OTP

Please enter the following details

Create a free Cracku account

Get Started with 5000+ Free CAT Questions & Mock Tests with Detailed Solutions!