A man sells a horse for Rs. 600 gaining therby 1/5 of the selling price. At what price would he have sold to lose 1/4 of then the selling price
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Rs. 400
CP = SP - Profit = 600 - 600/5 = 480
SP = CP - loss
SP = 480 - 1/5 of SP
6/5 SP = 480
SP = 400...
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