Raju buys 3 goats for rs 11600. when he sells goats for 20 percent profit and sheep at 10 percent loss. he earns total profit of 1000.what is the cost of sheep
Answers
answer is 2200
option D
Given :- Raju buys 3 goats and 2 sheep for Rs. 11600. When he sells the goats at 20% profit and the sheep at 10% loss, he earns a total profit of Rs. 1000. The cost of one sheep is ?
Let us assume that, CP of one goat is Rsx and CP of one sheep is Rs.y .
So,
→ Total CP of 3 goat + 2 sheep = 3x + 2y = Rs.11600 ----- Eqn.(1) .
Now, given that, he sells goat for 20% profit and sheep at 10% loss.
So,
→ SP of 3 goats = CP * (100 + profit%)/100 = (3x * 120/100) = Rs.3.6x .
and,
→ SP of 2 sheep = CP * (100 - Loss%) / 100 = (2y * 90)/100) = Rs.1.8x .
given that,
→ Total Profit is = Rs.1000 .
than,
→ Total SP = Total CP + Total Profit = 11600 + 1000 = Rs.12600 .
Therefore,
→ SP of 3 goat + SP of 2 sheep = 12600
→ 3.6x + 1.8x = 12600 ------------- Eqn.(2)
Now, multiply Eqn.(1) by 12 and Eqn.(2) by 10, and than, subtracting Eqn.(1) from Eqn.(2) , we get,
→ 10(3.6x + 1.8x) - 12(3x + 2y) = 10*12600 - 12*11600
→ 36x - 36x + 18y - 24y = 126000 - 139200
→ (-6y) = (-13200)
dividing both sides by (-6) now,
→ y = Rs.2200 (Ans.)
Hence, Cost of 1 sheep is Rs.2200 .
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