Find the Ram gets ?

Ram sold two horse at the same price. In one he gets a profit of 10%. Then Ram gets

  1. 1% loss
  2. 1% profit
  3. no loss or profit
  4. 2 % loss
Anurag Mishra Professor Asked on 26th October 2015 in Maths.
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1 Answer(s)

Answer is (1) 1% loss

Explanation:-
Let the cost price of each horse = Rs. 100

According to the question,
The selling price of one horse = 100 + 100 x 10/100
 = 100  + 10
 = Rs. 110

The selling price of other horse = 100 – 100 x 10/100
 = 

Monis Rasool Professor Answered on 28th October 2015.
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