Question

1️⃣➡️Gopi bought two horses at rupees 20000 Each he sold one horse at 15% gain but he had to sell the second horse at a loss. if he had suffered a loss of rupees 1800 on the whole transaction find the selling price of II horse​❓​

Answer 1

Answer:

Profit on first horse = 20,000*15%

15/100 * 20000= Rs. 3000

SP = 23000

Loss on the second horse = x

SP= CP-loss

SP= 20000-x

SP of both = 23000+20000-x

CP of both = 40000

CP-SP=Loss = 1800

40000-(43000-x)= 1800

40000-43000+x=1800

-3000+x=1800

x= 4800

SP= cp-loss

SP= 20000-4800

SP= 15200

He sold second horse for Rs. 15200. 00