Question

A man sells two horses for rupees 4000 each neither losing nor gaining in the deal.If the one horse is sold at a gain f 25%,the other horse is sold at the loss of ?

Answer 1

Answer:

Rs 8000

16.67 %

Step-by-step explanation:

Selling price = 4000 each

Selling price of both = 4000+4000=8000

Cost price of both = 8000 as no gain no loss

Cost price one horse = x

25% gain = (25/100)x = 0.25x

x + 0.25x = 4000

1.25x = 4000

x = 3200

Cost price of other horse = 8000-3200 = 4800

Loss = 4800-4000 = 800

Loss % = (800/4800)*100 = 50/3

= 16.67 %