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A horse and a cow were sold for Rs49,5each. The horse was sold at a loss 10% andcow at a gain of 10%. The entiretransaction resulted in?A) Profit of Rs1000B) Loss of Rs1000C) No loss, no gainD) Profit of Rs2020E) Loss of Rs200000 |
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Answer» total sold price is = 49500*2 = 99000 when horse was sold at 10% loss then sp = 100%cp - 10%cp cp=sp/0.9 = 49500/0.9 = 55000now, for cow , cp+ 0.1cp = sp => cp = sp/1.1 = 49500/1.1= 45000total cp = 45000+55000 = 1,00,000 so, the loss will be cp -sp = 1000. option B is correct. |
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