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RBI Assistant Model Paper 8
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© examsnet.com
Question : 57
Total: 100
Two horses were sold at Rs 12600. First horse was sold at 20% loss and second at 25% profit. If the cost price of first horse is equal to selling price of second horse. Find the overall profit/loss.
Rs 360
Rs 440
No profit or no loss
Rs 542
Can’t be determined
Validate
Solution:
Let cost price of first horse is Rs P.
ATQ,
80
100
×
P
+
P
=
12600
P
=
Rs
7000
Cost price of second horse =
P
×
100
125
=
Rs
5600
So, total cost price =
7000
+
5600
=
Rs
12600
Total selling price =
Rs
12600
So, no profit or no loss occurred.
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