Sanket bought a bull and a carriage for Rs 4000 He sold the bull at a gain of 10 and the carriage at...........

Quantitative Aptitude (CDS) Profit and loss

Sanket bought a bull and a carriage for Rs. 4000. He sold the bull at a gain of 10% and the carriage at a loss of 5%, thereby gaining 1% on the whole. Find the cost of the bull?

Rs.2300

Rs.2220

Rs.2340

Rs.2020

छोटे Courses बड़े Results

Master Profit and loss

Prepare through Micro-courses

Try Now

Explanation:

Let the CP of the bull be Rs. x.
Then, CP of the carriage = Rs. (4000-x)
10% of (x - 5%) of (4000-x) = 1% of 4000
x/10 - (4000-x)/10 = 40
2x-4000 = 40
x = 4040/2
x = 2020
Hence CP of the bull = Rs. 2020