A trader bought two horses for Rs 39 000 He sold one at a loss of 20 and another at a profit of 15 I...........

Quantitative Aptitude ( CCS) Profit and loss

A trader bought two horses for Rs 39,000. He sold one at a loss of 20% and another at a profit of 15%. If the selling price of each horse is same, then what are their cost price respectively?

Rs 20,000 and Rs 19,000

Rs 23,000 and Rs 16,000

Rs 24,000 and Rs 15,000

Rs 21,000 and Rs 18,000

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Explanation:

. Horse 1              Horse 2
CP   5*23=115           20*4=80
SP   4*23=92              23*4=92 [to make SP same]
CP= 115+80=195 = 39,000
=>1=200
115=23000
80=16000

Hence, option 2 is the correct answer.