John bought two horses at ₹.20000 each. he sold one horse at 15 percentage gain. but he had to sell the second horse at a loss if he had suffered a loss of rupees 1800 on the whole transaction,find the selling price of the second horse.
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Answer:
Rs 15200
Step-by-step explanation:
Total Cost Price = 20000 + 20000 = 40000
Loss Suffered = Rs 1800
Total Selling Price = 40000 - 1800 = 38200
Gain on 1 horse = (15/100)*20000 = 3000
Selling Price of 1 horse = 20000 + 3000 = 23000
Selling price of other = 38200 - 23000 = 15200
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