A sold a horse to B for Rs., 4800 by losing 20 % . B sells it to C at a price which would have given

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7.Profit and Loss

easy

A sold a horse to $B$ for $Rs.\, 4800$ by losing $20 \%$. $B$ sells it to $C$ at a price which would have given $A$ a profit of $15 \% .$ $B's$ gain is (in $Rs.$)

A

$1800$

B

$1900$

C

$2000$

D

$2100$

Solution

For $A$,

$C.P.$ of horse $=₹\left(4800 \times \frac{100}{80}\right)=₹ 6000$

For $B$

$S.P. =₹\left(\frac{6000 \times 115}{100}\right)=₹ 6900$

$B$ 's profit $=₹(6900-4800)=Rs.\, 2100$

Standard 13

Quantitative Aptitude

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