The cost price of a cow and a horse is 3 lakhs. The cow is sold at 20% profit…
2026
The cost price of a cow and a horse is 3 lakhs. The cow is sold at 20% profit and horse at 10% loss. Overall gain is Rs.4200. What is the cost price of the cow?
- A.
114000
- B.
140000
- C.
141000
- D.
144000
Attempted by 546 students.
Show answer & explanation
Correct answer: A
Let the CP of cow = Rs X
therefore CP of horse = Rs (300000 - X)
Selling price of cow = Rs 1.2X
Selling price of horse = Rs 0.9(300000 - X)
As overall gain is : Rs 4200
Therefore: 1.2X + 0.9(300000 - X) = 300000 + 4200
or, 0.3X = 300000 - 270000 + 4200 = 34200
or, X = 34200/0.3 = Rs. 114000