A person purchased two horses for 500 rupees each. he sold one at a profit of 15%. however second horses got ill and he has to sold that one at loss. if the result of this business is 45 rupees loss then calculate selling price of second horses.
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Here is the solution :
Cost of Each horse = 40,000 ₹,
According to the Question,
He gained 15% Profit on 1st horse,
=> Profit Obtained on 1st Horse = 15/100*40,000
=> Profit obtained on 1st horse = 6,000 ₹,
Again, According to The Question,
Overall loss = 3,600 ₹,
=> Overall Loss = Loss on Second Horse - Profit on 1st Horse,
=> 3,600 = loss on second horse - 6,000
=> 9,600 = loss on second horse,
Therefore : The Selling price of Second Horse = 40,000 - 9,600 = 30,400 ₹,
=> 30,400 ₹ = Selling Price of Second Horse,
Hope you understand, Have a Great day :D,
Thanking you
Cost of Each horse = 40,000 ₹,
According to the Question,
He gained 15% Profit on 1st horse,
=> Profit Obtained on 1st Horse = 15/100*40,000
=> Profit obtained on 1st horse = 6,000 ₹,
Again, According to The Question,
Overall loss = 3,600 ₹,
=> Overall Loss = Loss on Second Horse - Profit on 1st Horse,
=> 3,600 = loss on second horse - 6,000
=> 9,600 = loss on second horse,
Therefore : The Selling price of Second Horse = 40,000 - 9,600 = 30,400 ₹,
=> 30,400 ₹ = Selling Price of Second Horse,
Hope you understand, Have a Great day :D,
Thanking you
Answered by
0
Answer:380
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