Home
Class 14
MATHS
A villager buys a goat and a sheep toget...

A villager buys a goat and a sheep together for Rs 14,250. He sold the sheep at a profit of 10% and the goat at a loss of 20%. If he sold both the animals at the same price, then what was the cost price of the cheaper animal?

A

8250

B

6600

C

7500

D

6000

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step-by-step, we need to find the cost price of the cheaper animal (either the goat or the sheep) after understanding the transactions involved. ### Step 1: Define Variables Let the cost price of the goat be \( G \) and the cost price of the sheep be \( S \). According to the problem, we have: \[ G + S = 14,250 \] ### Step 2: Calculate Selling Prices The sheep is sold at a profit of 10%. Therefore, the selling price (SP) of the sheep can be calculated as: \[ SP_{sheep} = S + 0.10S = 1.10S \] The goat is sold at a loss of 20%. Therefore, the selling price of the goat can be calculated as: \[ SP_{goat} = G - 0.20G = 0.80G \] ### Step 3: Set Selling Prices Equal Since both animals are sold at the same price, we can set their selling prices equal to each other: \[ 1.10S = 0.80G \] ### Step 4: Express G in terms of S From the equation \( 1.10S = 0.80G \), we can express \( G \) in terms of \( S \): \[ G = \frac{1.10S}{0.80} = \frac{11S}{8} \] ### Step 5: Substitute G in the Total Cost Equation Now, substitute \( G \) in the total cost equation \( G + S = 14,250 \): \[ \frac{11S}{8} + S = 14,250 \] To combine the terms, convert \( S \) to have a common denominator: \[ \frac{11S}{8} + \frac{8S}{8} = 14,250 \] \[ \frac{19S}{8} = 14,250 \] ### Step 6: Solve for S Now, multiply both sides by 8 to eliminate the fraction: \[ 19S = 14,250 \times 8 \] \[ 19S = 114,000 \] Now, divide both sides by 19: \[ S = \frac{114,000}{19} = 6,000 \] ### Step 7: Find G Now that we have \( S \), we can find \( G \): \[ G = 14,250 - S = 14,250 - 6,000 = 8,250 \] ### Step 8: Identify the Cheaper Animal Since \( S = 6,000 \) (the sheep) and \( G = 8,250 \) (the goat), the cheaper animal is the sheep. ### Conclusion The cost price of the cheaper animal (the sheep) is: \[ \text{Cost Price of the Cheaper Animal} = 6,000 \] ---
Promotional Banner

Topper's Solved these Questions

  • PERCENTAGE

    MOTHERS|Exercise MULTIPLE CHOICE QUESTIONS |247 Videos
  • PROFIT & LOSS (PREVIOUS YEAR QUESTIONS 2018)

    MOTHERS|Exercise QUESTIONS |123 Videos

Similar Questions

Explore conceptually related problems

Ramesh bought two boxes for Rs 1300. He sold one box at a profit of 20% and the other box at a loss of 12%. If the selling price of both boxes is the same, find the cost price of each box.

A man sold an article at a loss of 20% . If he sells the article for Rs 12 more, he would gained 10%. The cost price of the article is

A trader bought two horses for Rs.19,500. He sold one at a loss of 20% and the other at a profit of 15%. If the selling price of each horse is the same, then their cost prices are respectively.

A person sold a bag for Rs 200 at a loss of 20% on the initial price. What was the cost price of the bag?

MOTHERS-PROFIT & LOSS-MULTIPLE CHOICE QUESTIONS
  1. A trader had 2000 kgs of rice. He sold a part of it at 10% profit and ...

    Text Solution

    |

  2. A vendor sells a coconut at Rs 24 and suffers 24% loss. If he wants to...

    Text Solution

    |

  3. A villager buys a goat and a sheep together for Rs 14,250. He sold the...

    Text Solution

    |

  4. A vendor buys bananas at 9 for Rs 8 and sells at 8 for Rs 9. What will...

    Text Solution

    |

  5. If a stall sells a pizza at Rs 200 he makes 20% loss if he wants to ma...

    Text Solution

    |

  6. A wholesaler had 200 dozens of mangoes. He sold some of these mangoes ...

    Text Solution

    |

  7. If the selling price is tripled and cost price doubled the profit woul...

    Text Solution

    |

  8. A vendor buys bananas at 7 for 6 and sells at 6 for Rs 7. What will be...

    Text Solution

    |

  9. A grocer had 1600 kgs of wheat. He sold a part of it at 20% profit and...

    Text Solution

    |

  10. A used two-wheeler dealer sells a scooter for Rs 46,000 and makes some...

    Text Solution

    |

  11. A shopkeeper gains 21% after allowing discount of 12% on the marked pr...

    Text Solution

    |

  12. A trade purchased a gift box for Rs 150. What should be the marked pri...

    Text Solution

    |

  13. Arun buys one kg of apples for Rs 120 and sells it to Swati gaining 25...

    Text Solution

    |

  14. A shopkeeper purchased 510 eggs. at the rate of 20 per dozen. 30 eggs ...

    Text Solution

    |

  15. A book seller allowed 10% discournt on printed price. He gets 30% comm...

    Text Solution

    |

  16. A dealer is selling an article at a discount of 5% on the Marked price...

    Text Solution

    |

  17. A shopkeeper increases the price of an object by 40% and then sells i...

    Text Solution

    |

  18. By what fraction the S.P. must be multiplied to get the C.P., if the l...

    Text Solution

    |

  19. Ramesh sold a book at a loss of 30%. If he had sold it for Rs. 140 mor...

    Text Solution

    |

  20. A shopkeeper purchased 510 egg at the rate of Rs 20 per dozen. 30 eggs...

    Text Solution

    |