Home
Class 14
MATHS
If I sell a horse for Rs 6200 and a cow ...

If I sell a horse for Rs 6200 and a cow for Rs 2600 i will earn 10% profit. If I sell a horse for Rs 6000 and a cow at its C.P. and earn `12(1)/(2)%` profit. Find C.P. of each?

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will first establish the relationships between the selling prices (SP) and the cost prices (CP) based on the given profit percentages. ### Step 1: Establish the equations from the first scenario We know: - Selling price of horse (SP_H) = Rs 6200 - Selling price of cow (SP_C) = Rs 2600 - Total selling price = SP_H + SP_C = 6200 + 2600 = Rs 8800 Given that this results in a 10% profit, we can express the relationship between CP and SP: - Let the cost price of the horse be CP_H and the cost price of the cow be CP_C. - The profit percentage formula is given by: \[ \text{Profit} = \text{Selling Price} - \text{Cost Price} \] Therefore, for a 10% profit: \[ \text{Total CP} = \text{Total SP} - \text{Profit} \] \[ \text{Profit} = 10\% \text{ of Total CP} = 0.1 \times (CP_H + CP_C) \] Thus, we can write: \[ 8800 = (CP_H + CP_C) + 0.1 \times (CP_H + CP_C) \] This simplifies to: \[ 8800 = 1.1 \times (CP_H + CP_C) \] Therefore: \[ CP_H + CP_C = \frac{8800}{1.1} = 8000 \] ### Step 2: Establish the equations from the second scenario In the second scenario: - Selling price of horse (SP_H) = Rs 6000 - Selling price of cow = Cost Price of cow (CP_C) - Total selling price = SP_H + CP_C = 6000 + CP_C Given that this results in a 12.5% profit (which is 12.5% = 12.5/100 = 0.125), we can express the relationship: \[ \text{Total CP} = \text{Total SP} - \text{Profit} \] The profit can also be expressed as: \[ \text{Profit} = 12.5\% \text{ of Total CP} = 0.125 \times (CP_H + CP_C) \] Thus: \[ 6000 + CP_C = (CP_H + CP_C) + 0.125 \times (CP_H + CP_C) \] This simplifies to: \[ 6000 + CP_C = 1.125 \times (CP_H + CP_C) \] ### Step 3: Solve the equations Now we have two equations: 1. \( CP_H + CP_C = 8000 \) (Equation 1) 2. \( 6000 + CP_C = 1.125 \times (CP_H + CP_C) \) (Equation 2) Substituting Equation 1 into Equation 2: \[ 6000 + CP_C = 1.125 \times 8000 \] Calculating \( 1.125 \times 8000 \): \[ 1.125 \times 8000 = 9000 \] Now we have: \[ 6000 + CP_C = 9000 \] Solving for \( CP_C \): \[ CP_C = 9000 - 6000 = 3000 \] ### Step 4: Find CP_H using Equation 1 Now substituting \( CP_C = 3000 \) back into Equation 1: \[ CP_H + 3000 = 8000 \] Thus: \[ CP_H = 8000 - 3000 = 5000 \] ### Final Result The cost prices are: - Cost Price of Horse (CP_H) = Rs 5000 - Cost Price of Cow (CP_C) = Rs 3000
Promotional Banner

Topper's Solved these Questions

  • PROFIT & LOSS

    ADVANCED MATHS BY ABHINAY MATHS ENGLISH|Exercise Questions|200 Videos
  • PIPE & CISTERN

    ADVANCED MATHS BY ABHINAY MATHS ENGLISH|Exercise QUESTIONS|40 Videos
  • QUADRILATERAL

    ADVANCED MATHS BY ABHINAY MATHS ENGLISH|Exercise EXERCISE|48 Videos

Similar Questions

Explore conceptually related problems

I get profit of 10% on selling a horse for Rs.3100 and a buffalo for Rs 1300 . I incur loss of 10% if I sell horse for Rs 3150 and a buffalo at its C.P. Find the difference C.P. of horse and buffalo.

A shopkeeper makes a profit of 15% by selling a book for Rs 230. What is the C.P.and the actual profit?

A person bought a horse and a vehicle for Rs 40,000 he sold horse at 10% profit and vhicle at 5% loss on whole transection he got profit of 1% . Find C.P. of horse?

Devangi buys a chair for Rs. 700 and sells it for Rs. 750. She earns a profit of ________ % in the transaction.

Loss % on selling an article for Rs 50 is equal to the profit % on selling the same article for Rs 70 . Find profit/loss %.

ADVANCED MATHS BY ABHINAY MATHS ENGLISH-PROFIT & LOSS-Questions
  1. A person bought a horse and a vehicle for Rs 40,000 he sold horse at 1...

    Text Solution

    |

  2. A farmer sold a cow and a calf for Rs 760 and got a profit of 10% on t...

    Text Solution

    |

  3. If I sell a horse for Rs 6200 and a cow for Rs 2600 i will earn 10% pr...

    Text Solution

    |

  4. I get profit of 10% on selling a horse for Rs.3100 and a buffalo for R...

    Text Solution

    |

  5. A person ordered 4 shirts of brand A and some shirts of brand B. The p...

    Text Solution

    |

  6. A person calculates 33(1)/(3)% profit at S.P. find his profit at C.P.

    Text Solution

    |

  7. A person calculates 16(2)/(3)% profit at S.P. find his profit at C.P.

    Text Solution

    |

  8. A person calculates 33(1)/(3)% loss at S.P. find his loss at C.P.

    Text Solution

    |

  9. One shopkeeper calculates his profit at C.P. and second at S.P. both g...

    Text Solution

    |

  10. A person sells T.V. at 20% profit. If he gets profit equal to 20% S.P....

    Text Solution

    |

  11. A person sells T.V. at 25% profit. If he gets profit equal to 25% S.P....

    Text Solution

    |

  12. An article was sold at 10% profit. Had it purchased at 5% less and sol...

    Text Solution

    |

  13. An article was sold at 15% profit. Had it purchased at 5% more and sol...

    Text Solution

    |

  14. An article was sold at 12% profit. Had it purchased at 10% less and so...

    Text Solution

    |

  15. A book seller sells a book at a profit of 10%. If he has bought it at ...

    Text Solution

    |

  16. A businessman sells a commodity at 10% profit. If he had bought it at ...

    Text Solution

    |

  17. An article was sold at 20% profit. Had it purchased at Rs 20 less and ...

    Text Solution

    |

  18. An article was sold at 25% profit. Had it purchased at Rs 20 less and ...

    Text Solution

    |

  19. An article is sold at a profit of 20%. If both the cost price and sell...

    Text Solution

    |

  20. An article is sold at 25% profit. If its CP and SP are more by Rs 20 a...

    Text Solution

    |