A shopkeeper buys 40 bicycles and marks them at 25% above the cost price. He allows a discount of 10% on the marked price for cash sales, and 5% for credit sales. If three-fourth of the stock is sold for cash and the rest for credit, and if the total profit be $ 20250, what is the cost price of a bicycle ?

Asked Sep 07, 2023 Modified Sep 07, 2023 Viewed 0 times
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asked Sep 07, 2023 at 09:12
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$ 3600
answered Sep 07, 2023 at 09:12

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