There are two motor cycles' (A and B) of equal cost price. Motorcycle

1.	There are two motor cycles' (A and B) of equal cost price. Motorcycle A was sold at a profit of 14% and motorcycle B was sold for Rs.4,290/? more than its cost price. The net profit earned after selling both the motor cycles (A and B) is 20%. What is the cost price of each motorcycle ?1). Rs. 16,500/2). Rs. 16,000/3). Rs. 15,500/4). Rs. 17,500/
Answer» Solution Cost PRICE of both A and B be X. SP of A = 1.14 CP of A SP of B = CP of B + 4290 Net profit after selling both BIKES is 20% 1.2 (X+X) = SP of A +SP of B 1.2 (X+X)=1.14 CP of A + CP of B + 4290 = 1.14X + X + 4290 2.4X = 2.14 X + 4290 0.26 X =4290 X = 16,500 Option A is the correct ANSWER.

There are two motor cycles' (A and B) of equal cost price. Motorcycle A was sold at a profit of 14% and motorcycle B was sold for Rs.4,290/? more than its cost price. The net profit earned after selling both the motor cycles (A and B) is 20%. What is the cost price of each motorcycle ?1). Rs. 16,500/2). Rs. 16,000/3). Rs. 15,500/4). Rs. 17,500/

Answer»

Solution

Cost PRICE of both A and B be X.
SP of A = 1.14 CP of A
SP of B = CP of B + 4290
Net profit after selling both BIKES is 20%
1.2 (X+X) = SP of A +SP of B
1.2 (X+X)=1.14 CP of A + CP of B + 4290 = 1.14X + X + 4290
2.4X = 2.14 X + 4290
0.26 X =4290
X = 16,500
Option A is the correct ANSWER.

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