After selling a horse and cart at Rs 800a man finds that he has made 10% profit on the
horse and 20% profit on the cart.Had he sold the horse at 15% profit and the Cart at
25% profit he would have got ₹35 more . Find out the price of the horse and the price of
the cart.After selling a horse and cart at Rs 800a man finds that he has made 10% profit on the
horse and 20% profit on the cart.Had he sold the horse at 15% profit and the Cart at
25% profit he would have got ₹35 more . Find out the price of the horse and the price of
the cart.
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Answer:
Rs.200
Explanation:
Let X be the cost of horse and Y be the cost of the cart.
10% of loss in selling horse = 20% of gain in selling the cart.
Therefore, 10100×X
= (20 × 100) × Y
Or, X = 2y --------------(1)
5% of loss in selling horse is 10 more than the 5% gain in selling the cart.
Therefore, 5100×X−10=5100×Y
=> 5X – 1000 = 5Y
Using equation (1),
=> 10Y – 1000 = 5Y
=> 5Y = 1000
=> Y =200
=> X = 400
CP of Horse = Rs. 400
CP of the Cart = Rs. 200
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