Question
At a village trade fair a man buys a horse and a camel
together for Rs 51,250. He sold the horse at a profit of 25 % and the camel at a loss of 20 %. If he sold both the animals at the same price, then the cost price of the cheaper animal was Rs ____________.Solution
Both animal sold at same price Horse = 25% (Profit) = 1/4 = 5/4 Camel = 20% (Loss) = 1/5 = 4/5 CP SP SP Same Horse 4 × 4 5 × 4 = 16 20 Camel 5 × 5 4 × 5 = 25 20 Total C = 41 – 51250 Cheaper Horse = 16 × 1250 = 20000
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