document.write( "Question 534456: John bought two horses at rs 20,000 each.he sold one horse at 15% gain. But he had to sell the second horse at a loss.if he had suffered a loss of rs 1800 on the whole transaction,find the s.p of the second horse. \n" ); document.write( "

Algebra.Com's Answer #351564 by mananth(16946) $\"\"$ $\"About$

You can put this solution on YOUR website!

\n" ); document.write( "Profit on first horse = 20,000*15%
\n" ); document.write( "15/100 * 20000= Rs. 3000
\n" ); document.write( "SP = 23000\r
\n" ); document.write( "\n" ); document.write( "Loss on the second horse = x\r
\n" ); document.write( "\n" ); document.write( "SP= CP-loss
\n" ); document.write( "SP= 20000-x\r
\n" ); document.write( "\n" ); document.write( "SP of both = 23000+20000-x
\n" ); document.write( "CP of both = 40000\r
\n" ); document.write( "\n" ); document.write( "CP-SP=Loss = 1800\r
\n" ); document.write( "\n" ); document.write( "40000-(43000-x)= 1800
\n" ); document.write( "40000-43000+x=1800
\n" ); document.write( "-3000+x=1800
\n" ); document.write( "x= 4800\r
\n" ); document.write( "\n" ); document.write( "SP= cp-loss
\n" ); document.write( "SP= 20000-4800
\n" ); document.write( "SP= 15200
\n" ); document.write( "He sold second horse for Rs. 15200. 00\r
\n" ); document.write( "\n" ); document.write( "m.ananth@hotmail.ca \n" ); document.write( "

\n" );