Question

Mani bought two horses at Rs. 20000 each. He sold one horse at 15% gain. But he had to sell the second horse at a loss. If he had suffered a loss of Rs. 1800 on the whole transaction, find the selling price of the second horse.
Rs. 12490
Rs. 13690
Rs. 14560
Rs. 15200​

Answer 1

$\huge{\mathfrak{\underline{\underline{\purple{Solution}}}}}$

Given:

• Cost price = ₹20000
• Loss = ₹1800

To find:

Selling price of second horse.

Formula used:

$\pink{\fbox{S.P. = C.P. - Loss}}$

Answer:

Selling price of the horse = ₹(20000-1800)

Hence, the selling price of the horse is ₹18,200

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