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Discussion :: Profit and Loss

  1. Albert buys 4 horses and 9 cows for Rs. 13,400. If he sells the horses at 10% profit and the cows at 20% profit, then he earns a total profit of Rs. 1880. The cost of a horse is:
    2. A.
    Rs. 1000
    B.
    Rs. 2000
    C.
    Rs. 2500
    D.
    Rs. 3000

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    Answer : Option B

    Explanation :

    Let C.P. of each horse be Rs. x and C.P. of each cow be Rs. y. 

    Then, 4x + 9y = 13400 -- (i)

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