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Q.

A man purchased a bullock and a cart for Rs. 1800. He sold the bullock at a profit of 20% and cart at a profit of 30%. His total profit was 1556%. Find the cost price of a bullock.

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a

Rs.650

b

Rs.750

c

Rs.900

d

Rs.800  

answer is B.

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Detailed Solution

Given,
Cost price of bullock and cart =Rs. 1800.
He sold the bullock at a profit of 20% and cart at a profit of 30%.
His total profit = 1556%
Let bullock price was Rs. x and cart price was Rs.(1800-x). Total profit =1556% of C.P.
Total profit =1556% of 1800 Total profit=1556×100×1800
Total profit=465
Profit on bullock + Profit on cart = Total profit
20% of x+ 30% of (1800-x)= 465
20100×x+30100×(1800-x)=465
20100×x+0.3×(1800-x)=4650.2x+540-0.3x=465
0.2x-0.3x=465-5400.1x=75x=750
Thus, the cost of the bullock is Rs. 750.
Therefore, the correct option is 2.
 
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