A person bought a horse and a carriage for Rs. 20000. Later, he sold the horse at 20% profit
and the carriage at 10% loss. Thus, he gained 2% in the whole transaction. The cost price of the
horse was

• 8000 Rs.
  
  If cost price of horse=h & carriage=c, then
  h+c=20000 ---(i) &
  (120/100)*h+(90/100)*c=(102/100)*20000 or 1.2h+0.9c=20400 ---(ii)
  On solving (i) & (ii), c=12000, h=8000
• 10 years agoHelpfull: Yes(1) No(0)
• -20-10+200/100= -28%
• 10 years agoHelpfull: Yes(0) No(1)
• +20% -10%
  +2%
  12 : 18
  2 : 3
  :. horse cost price = (2/5)*20000=8000
• 7 years agoHelpfull: Yes(0) No(0)