Question 534456

Profit on first horse = 20,000*15%
15/100 * 20000= Rs. 3000
SP = 23000

Loss on the second horse = x

SP= CP-loss
SP= 20000-x

SP of both = 23000+20000-x
CP of both = 40000

CP-SP=Loss = 1800

40000-(43000-x)= 1800
40000-43000+x=1800
-3000+x=1800
x= 4800

SP= cp-loss
SP= 20000-4800
SP= 15200
He sold second horse for Rs. 15200. 00

m.ananth@hotmail.ca