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. lf he had suffered a loss of Rs. 1800 on the whole transaction, find the selling price of the second horse.​

Answer 1

Answer:

Profit on first horse = 20,000*15%

15/100 * 20000= Rs. 3000

SP = 23000

Loss on the second horse = x

SP= CP-loss

SP= 20000-x

SP of both = 23000+20000-x

CP of both = 40000

CP-SP=Loss = 1800

40000-(43000-x)= 1800

40000-43000+x=1800

-3000+x=1800

x= 4800

SP= cp-loss

SP= 20000-4800

SP= 15200

He sold second horse for Rs. 15200. 00

Answer 2

Answer:

The horse like 1 horse is 10,000 and 2 horse lost his 10,000 - 1800 =8,200