Question
A shopkeeper buys 60 cycles and marks them at 20% above the cost price. He allows a discount of 10% on the marked price
A shopkeeper buys 60 cycles and marks them at 20% above the cost price. He allows a discount of 10% on the marked price for cash sale and 5% discount for credit sales. If three-fourth of the cycles are sold at cash and remaining for credit, the total profit be Rs. 11400. What is the cost price of a cycle?
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