New Enroll in RBI Grade B New Batch - Starts on May 21

    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 ____________.
    A 6600 Correct Answer Incorrect Answer
    B 7500 Correct Answer Incorrect Answer
    C 25000 Correct Answer Incorrect Answer
    D 20000 Correct Answer Incorrect Answer

    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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