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At a village trade fair a man buys a hor...

At a village trade fair a man buys a horse and a camel together for Rs 51,250. He sold the horse at a profit of 25 % and the camel at a loss of 20%. Ifhe sold both the animals at the the same price, then the cost price of the cheaper animal was Rs ______________.

A

6600

B

7500

C

25000

D

20000

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The correct Answer is:
To solve the problem, let's break it down step by step. ### Step 1: Define Variables Let the cost price of the horse be \( H \) and the cost price of the camel be \( C \). According to the problem, we have: \[ H + C = 51,250 \] ### Step 2: Calculate Selling Price of the Horse The horse is sold at a profit of 25%. Therefore, the selling price (SP) of the horse can be calculated as: \[ SP_{horse} = H + 0.25H = 1.25H \] ### Step 3: Calculate Selling Price of the Camel The camel is sold at a loss of 20%. Therefore, the selling price of the camel can be calculated as: \[ SP_{camel} = C - 0.20C = 0.80C \] ### Step 4: Set Selling Prices Equal According to the problem, both animals are sold at the same price: \[ SP_{horse} = SP_{camel} \] Substituting the expressions from Steps 2 and 3: \[ 1.25H = 0.80C \] ### Step 5: Express C in Terms of H From the equation \( 1.25H = 0.80C \), we can express \( C \) in terms of \( H \): \[ C = \frac{1.25H}{0.80} = \frac{1.25}{0.80}H = 1.5625H \] ### Step 6: Substitute C in the Total Cost Equation Now substitute \( C \) in the total cost equation \( H + C = 51,250 \): \[ H + 1.5625H = 51,250 \] \[ 2.5625H = 51,250 \] ### Step 7: Solve for H Now, solve for \( H \): \[ H = \frac{51,250}{2.5625} \] Calculating this gives: \[ H = 20,000 \] ### Step 8: Calculate C Now substitute \( H \) back to find \( C \): \[ C = 51,250 - H = 51,250 - 20,000 = 31,250 \] ### Step 9: Identify the Cheaper Animal Since \( H = 20,000 \) and \( C = 31,250 \), the cost price of the cheaper animal (the horse) is: \[ \text{Cost price of the cheaper animal} = 20,000 \] ### Final Answer The cost price of the cheaper animal was Rs 20,000. ---
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