Shyam bought a horse and a cart for Rs. 1800. Shyam sold the horse and the cart at gains of 20% and 30% respectively. The overall gain 152/6%.Calculate the cost of horse.
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Hi friend,
CP of bullock and cart = Rs. 1800.
Let bullock price = X
Cart price = (1800 - X)
SP of both horse and cart = 1800 + 155/6% of 1800 = 2265
=> Profit = Rs. 465.
=> X + 20% of X + (1800 - X) + 30% of (1800 -X) = 2265
=> 1.2X + 1800 -X + (54000 - 30X)/100 = 2265
=> 1.2X + 1800 -X + 540 - 0.3X = 2265
=> 1.2X - 1.3X = 2265 - 1800 - 540
=> - 0.1X = - 75
=> X = 750.
Cost of bullock is Rs. 750
Hope it helps!
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