Question

Mohit bought a horse and a carriage for rs. 4000. he sold the horse at a gain of 20% and the carriage at a loss of 10%, thereby gaining 2% on the whole. find the cost of the horse

Answer 1

This question uses allegation concept. 20%.

10% and 2%.

12. 18 = 2 3 4000/(2 + 3) = 4000/5 = 800; cp of horse = 800x2 = 1600.

It is a specific rule which allow us to find the ratio in which two or more ingredients at the given price must be mixed to create mixture of desired price.