Browse by Stream
QnA
Home
QnA
Go To Your Study Dashboard

Get Answers to all your Questions

header-bg qa
  • Home
  • Jobs
  • A horse and a cow were sold for Rs12000 each. The horse was sold at a loss of 20% and the cow at a gain of 20%. The entire transaction resulted in:

A horse and a cow were sold for Rs12000 each. The horse was sold at a loss of 20% and the cow at a gain of 20%. The entire transaction resulted in:

  • Option 1)

    No loss or gain

  • Option 2)

    Loss of Rs 1000

  • Option 3)

    Gain Rs  1000    

  • Option 4)

    Gain of Rs 1500

  • Option 5)

    Gain of Rs 2000

Answers (2)

best_answer

Total SP = 2400

CP of horse = \frac{12000}{0.8}  = 15000

CP of horse = \frac{12000}{1.2} = 10000

Total CP = 25000

Profit = 1000

 

Posted by

rishi.raj

View full answer

Total SP = 12000*2 = 24000

Cost price of horse = 12000

 

CP of horse = \frac{12000}{0.8}  = 15000

CP of horse = \frac{12000}{1.2} = 10000

Total CP = 25000

Loss = 1000

Posted by

anil

View full answer

Similar Questions

Latest Question