Example 102: A man bought a horse for a certainsum and sold it at a lo

1.	Example 102: A man bought a horse for a certainsum and sold it at a loss of 8% on his outlay. If he hadreceived 1800 more, then he would have gained141/2 % on his outlay. What did the horse cost?
Answer» Step-by-step EXPLANATION: let the cp be 100x on loss of 8%, sp = 92x if he gets gain of 14½ sp= 114½x more money he recieved = 1800 a/q 114½x-92x= 1800 22½x=1800 45x/2=1800 45x= 3600 x= 80 cp is 100x 100×80=8000 hence COST price of horse is 8000 #666

Example 102: A man bought a horse for a certainsum and sold it at a loss of 8% on his outlay. If he hadreceived 1800 more, then he would have gained141/2 % on his outlay. What did the horse cost?

Answer»

Step-by-step EXPLANATION:

let the cp be 100x

on loss of 8%, sp = 92x

if he gets gain of 14½ sp= 114½x

more money he recieved = 1800

a/q

114½x-92x= 1800

22½x=1800

45x/2=1800

45x= 3600

x= 80

cp is 100x

100×80=8000

hence COST price of horse is 8000

#666

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Example 102: A man bought a horse for a certainsum and sold it at a loss of 8% on his outlay. If he hadreceived 1800 more, then he would have gained141/2 % on his outlay. What did the horse cost?​

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Example 102: A man bought a horse for a certainsum and sold it at a loss of 8% on his outlay. If he hadreceived 1800 more, then he would have gained141/2 % on his outlay. What did the horse cost?