SSC
Government Jobs Exams
Numerical Ability
Profit and Loss
Maninder bought two horses at Rs.
40,000 each. He sold one horse at 15%
gain, but had to sell the second horse at a
loss. If he had suffered a loss of Rs. 3,600
on the whole transaction, then the selling
price of the second horse is
Read Solution (Total 1)
-
- Total buying price of two horses = (40000*2) = 80000
Total selling price of two horse = (80000 - 3600) = 76400
Selling price of the first horse = (40000 * 115)/100 = 46000
Hence, Selling price of the second horse = (76400 - 46000) = 30400
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