John bought 2 horses add rupees 20000 each he sold one horse at a gain

1.	John bought 2 horses add rupees 20000 each he sold one horse at a gain of 15% but he had to sell the other horse at a loss if he had suffered a loss of 1800 rupees on the whole transaction find selling price of second horse
Answer» Profit on first horse = 20,00015% 15/100 20000= Rs. 3000 SP = 23000 Loss on the second horse = x SP= CP-loss SP= 20000-x SP of both = 23000+20000-x CP of both = 40000 CP-SP=Loss = 1800 40000-(43000-x)= 1800 40000-43000+x=1800 -3000+x=1800 x= 4800 SP= cp-loss SP= 20000-4800 SP= 15200 He sold second horse for Rs. 15200. 00

John bought 2 horses add rupees 20000 each he sold one horse at a gain of 15% but he had to sell the other horse at a loss if he had suffered a loss of 1800 rupees on the whole transaction find selling price of second horse

Answer»

Profit on first horse = 20,000*15%

15/100 * 20000= Rs. 3000

SP = 23000

Loss on the second horse = x

SP= CP-loss

SP= 20000-x

SP of both = 23000+20000-x

CP of both = 40000

CP-SP=Loss = 1800

40000-(43000-x)= 1800

40000-43000+x=1800

-3000+x=1800

x= 4800

SP= cp-loss

SP= 20000-4800

SP= 15200

He sold second horse for Rs. 15200. 00