Question

A man bought a horse and sold it at a gain of 10%. Had he bought it at 20% less and sold it if for Rs. 10 more, he would have made a profit of 40%. What is the cost price of the horse?

Q: Answer-A man bought a horse and sold it at a gain of 10%. Had he bought it at 20% less and sold it if for R...

Let the actual C.P. be Rs. 100 Actual S.P. at 10 gain Rs. 110 Supposed C.P. at 20 less Rs.80 Supposed S.P. at 40 gain Diff. in S.P. 112 - 110 Rs. 2 If the difference is Rs. 2, then C.P. Rs. 100 If the difference is Rs. 10, then C.P.

A Rs. 500

B Rs. 400

C Rs. 350

D Rs. 300

E None of these

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A man bought a horse and sold it at a gain of 10%. Had he bought it at 20% less and sold it if for Rs. 10 more, he would have made a profit of 40%. What is the cost price of the horse?

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