Profit and Loss Practice Test 7

Let C.P. of two horses be Rs. x and Rs. (1350 – x) respectively.
Then S.P. of two horses $=\frac{94}{100}\times \mathit{x}+\frac{107.5}{100}\left(1350-\mathit{x}\right)$ $=\frac{47}{50}\mathit{x}+\frac{43}{40}\left(1350-\mathit{x}\right)$
Now, $\frac{47}{50}\mathit{x}+\frac{43}{40}\left(1350-\mathit{x}\right)$
$\Rightarrow \frac{290250-27\mathit{x}}{200}=1350$
$\Rightarrow 27\mathit{x}=290250-270000$
$\Rightarrow \mathit{x}=750$
Hence, 1350 – x = 1350 – 750 = Rs. 600
∴ C.P. of two horses are Rs. 750 and Rs. 600 respectively.