A man bought 4 horses and 9 cows for 1340. He sells the horses at a profit of 10% and the cows at
a profit of 20% and his whole gain is ? 188. What price did he pay for the horse and for the cow?
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Answer:
Step-by-step explanation:
LET the price of horse =x
so 10% profit on horse =0.1x
profit on 4 horse =0.4x
let price of cow = y
then 20% profit = 0.2y
profit on 9 cows =1.8y
As given
4x+9y = 1340
and
0.4x+1.8y =188
Or 4x+18y =1880
By substracting 1 from 2
9y = 540
Y=60
And x=200
SO price of horse is 200rs. and cow is 60 rs.
so he paid for 4 horses = 4*200 = 800rs.
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