Khan sold his cycle at loss of 8%.had He sold it for 240 more he would have gained 12%. Then cost price is $ 1200 and selling price is $ 1104
<h3><u>Solution:</u></h3>Assume the cost price be "a"
So the selling price of cycle = a - 8% of a
Now according to given, had He sold it for 240 more he would have gained 12%
Selling price + 240 = cost price + 12% profit
So the cost price is $ 1200
Now the selling price =
So the selling price is $ 1104