Question

Example 102: A man bought a horse for a certain
sum and sold it at a loss of 8% on his outlay. If he had
received 1800 more, then he would have gained
141/2 % on his outlay. What did the horse cost?​

Answer 1

Step-by-step explanation:

let the cp be 100x

on loss of 8%, sp = 92x

if he gets gain of 14½ sp= 114½x

more money he recieved = 1800

a/q

114½x-92x= 1800

22½x=1800

45x/2=1800

45x= 3600

x= 80

cp is 100x

100×80=8000

hence cost price of horse is 8000

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