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Q.

A horse and a carriage together cost Rs. 8000. If by selling the horse at a profit of 10% and the carriage at a loss of 10% a total profit of 2.5 is made, then what is the cost price of the horse ?


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a

Rs.3000

b

Rs.6000

c

Rs.2000

d

Rs.5000 

answer is D.

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Detailed Solution

Concept- By converting two ratios into like fractions, they can be compared. If indeed the two fractions are equal, the two given ratios are said to be equivalent.
Let C.P. of the horse be Rs. Question Image.
Then C.P. of the carriage Question ImageS.P. of the horse Question Image Rs. Question ImageS.P. of the carriage Question ImageTotal C.P. = Rs. 8000, Total profit Question ImageTherefore, the total S.P. Question Image Rs. 8200
Now, Question ImageQuestion ImageQuestion Image Rs. 5000
Hence, the correct answer is option (4)
 
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