Profit and loss

Quantitative Aptitude ( CCS)

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A man brought a horse and a carriage for Rs. 3000. he sold the horse at a gain of 20% and a carriage at a loss of 10% thereby gaining 2% on the whole. Find the cost of the horse.

Rs. 2000

Rs. 1250

Rs. 1200

Rs. 1100

Explanation:

Let the C.P of the horse be Rs. x,
then C.P of the carriage =Rs (3000-x)
20% of x-10% of (3000-x) =2% of 3000
=x/5-(3000-x)/10=60
=2x-3000+x=600=3x+3600
=x =1200
=hence, C.P of the horse =Rs 1200

By: MIRZA SADDAM HUSSAIN

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