Profit and Loss Practice Test 4

Question : 12 of 40

Marks: +1, -0

A man bought a horse and cart. If he sold the horse at 10% loss and the cart at 20% gain he would not loss anything. If he sold the horse at 5% loss and the cart at 5% gain he would lose Rs. 10 in the bargain. What did he pay for each?

Rs. 400, Rs. 200
Rs. 300, Rs. 300
Rs. 250, Rs. 350
Rs. 350, Rs. 250

Validate

Solution:

Here, 10% C.P. of horse = 20% C.P. of cart; Hence, C.P. of horse = 2 × C.P. of cart;
Let C.P. of cart and horse be Rs. x and Rs. 2x respectively; then,

5/100×2x-5/100×x=10

⇒1/20x=10⇒x=200

Hence, C.P. of a cart = Rs. 200 and C.P. of a horse = 2 × 200 = Rs. 400

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