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Don't forget to explain.

Answer» Cost price = RS.1600.

Profit =12% of cost price

= Rs1600*12/100=Rs192

So selling price =cost price + profit

=RS.(1600+192)=RS.1792.

Cost Price of Cycle = Rs 1600

Sold at profit 12% = 12% of 1600 = 1600×12/100 = 16×12 = Rs 192

i.e when cycle was sold then the profit = Rs 192

So, Selling Price of Cycle = Cost Price + Profit
Selling Price = 1600+192 = Rs 1792

Therefore, Selling Price = Rs 1792



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