Multiple Choice Questions on A man brought a horse and a carriage for Rs 3000 he sold the horse at a gain of 20 and a carriage at........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A man brought a horse and a carriage for Rs 3000 he sold the horse at a gain of 20 and a carriage at...........

Quantitative Aptitude ( CCS) Profit and loss
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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

    Incorrect Answer

    Rs. 1250

    Incorrect Answer

    Rs. 1200

    Correct Answer

    Rs. 1100

    Incorrect Answer
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    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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    Let's Discuss

    Deepak Aggarwal

    Right answer is Rs 1200 . Please calculate as 20% profit on horse means Rs 1440 S.P. 10% Loss on carriage means Rs 1620 . 1620 + 1440 = 3060 which is 2% profit on whole.

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