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A bicycle dealer buys 30 Razorback cycles for ₹ 48000. Of these, 10 are with gears and the rest are without gears. At what price must he sell each geared cycle so that if he sells the non - geared ones at 34 of their cost price, he makes a profit of 40% on his total outlay. [3 Marks]

Answer» A bicycle dealer buys 30 Razorback cycles for ₹ 48000. Of these, 10 are with gears and the rest are without gears. At what price must he sell each geared cycle so that if he sells the non - geared ones at 34 of their cost price, he makes a profit of 40% on his total outlay. [3 Marks]


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