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Gopi bought tow horses at Rs.20000 each. He sold one horses at Rs.15%gain. But he had to sell the second horse at a loss .If he had sufferd a loss of Rs.1800 on the whole transaction, find the selling price of the second horse.?
Verified Answer
Gopi bought tow horses at Rs.20000 each. He sold one horses at Rs.15%g...
First horse sold with 15 percent profit
horse 1 =23000
total he bought both horses in 40000
he had lost of 1800 it means
40000 - 1800 = 38200
38200 - 23000 = 15200
second horse price = 15200
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Gopi bought tow horses at Rs.20000 each. He sold one horses at Rs.15%g...
Gopi's Horse Transaction

Given Information:
- Gopi bought two horses at Rs.20000 each.
- He sold one horse at a 15% gain.
- He had to sell the second horse at a loss.
- The total loss suffered on the whole transaction is Rs.1800.

Calculating the Selling Price of the Second Horse:
Let's assume the selling price of the first horse is 'x' and the selling price of the second horse is 'y'.

1. Selling Price of the First Horse:
- Gopi sold the first horse at a 15% gain.
- Therefore, the selling price of the first horse is x = 20000 + (15/100) * 20000 = 20000 + 3000 = 23000.

2. Selling Price of the Second Horse:
- Gopi suffered a loss of Rs.1800 on the whole transaction.
- This loss is the difference between the cost price and the selling price of the second horse.
- Hence, the selling price of the second horse is y = 20000 - 1800 = 18200.

Summary:
- Gopi sold the first horse at Rs.23000, which was a 15% gain from the cost price of Rs.20000.
- Gopi sold the second horse at Rs.18200, which resulted in a loss of Rs.1800 from the cost price of Rs.20000.

Therefore, the selling price of the second horse is Rs.18200.
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Gopi bought tow horses at Rs.20000 each. He sold one horses at Rs.15%gain. But he had to sell the second horse at a loss .If he had sufferd a loss of Rs.1800 on the whole transaction, find the selling price of the second horse.?
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Gopi bought tow horses at Rs.20000 each. He sold one horses at Rs.15%gain. But he had to sell the second horse at a loss .If he had sufferd a loss of Rs.1800 on the whole transaction, find the selling price of the second horse.? for Class 8 2024 is part of Class 8 preparation. The Question and answers have been prepared according to the Class 8 exam syllabus. Information about Gopi bought tow horses at Rs.20000 each. He sold one horses at Rs.15%gain. But he had to sell the second horse at a loss .If he had sufferd a loss of Rs.1800 on the whole transaction, find the selling price of the second horse.? covers all topics & solutions for Class 8 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Gopi bought tow horses at Rs.20000 each. He sold one horses at Rs.15%gain. But he had to sell the second horse at a loss .If he had sufferd a loss of Rs.1800 on the whole transaction, find the selling price of the second horse.?.
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