A man purchased 5 horses and 10 cows for rs 10000 he sells the horse at 15% profit and the cows at 10% loss .Thus he gets rs 375as profit find the cost of 1 horse and 1 cow separately
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Answer:
1 horse and 1 cow will be Rs 1100 and Rs 450
Step-by-step explanation:
A man purchased 5 horses and 10 cows for rs 10000 he sells the horse at 15% profit and the cows at 10% loss .Thus he gets rs 375as profit find the cost of 1 horse and 1 cow separately
Let the cost of one horse be equal to k
Now selling price = k (100 + 15)/100 = 115/100
selling price of each cow will be (100 – 10) /100 = 90/100
Now selling price will be
5 k (115/100) + (10,000 – 5 k) (90 /100) = 10375
125 k = 1,37,500
k = 1,37,500 / 125
k = Rs 1100
Now cost of one horse = Rs 1100
cost of one cow will be
10000 – 5 x 1100 / 10
= Rs 450
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