A bicycle is sold at a gain of 16%. If it had been sold for Tk.20 more, 20% would have been gained. The cost of the bicycle in Taka is -

A bicycle is sold at a gain of 16%. If it had been sold for Tk.20 more, 20% would have been gained. The cost of the bicycle in Taka is -

A 350

B 400

C 500

D 600

Solution

Correct Answer: Option C