Multiple choice

A man buys two cows for Rs. 1250. He sells one cow at a gain of 6% and other at a loss of 9%. Overall, he neither gains nor loses. Find the cost price of the first cow.

  1. Rs. 1000

  2. Rs. 750

  3. Rs. 800

  4. Rs. 900

  5. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Let CP of first cow be x, second be 1250 - x. 0.06x - 0.09(1250 - x) = 0. 0.06x + 0.09x = 112.5. 0.15x = 112.5. x = 750.

AI explanation

Using the rule of mixture, if two articles are sold at a profit of x% and a loss of y% with no net profit or loss, the ratio of their cost prices is y : x. Here, the profit is 6% and the loss is 9%, so the ratio of the cost prices of the first and second cow is 9 : 6, or 3 : 2. The total cost is Rs. 1250, meaning five total parts equal 1250, so one part is 250. The cost price of the first cow is 3 parts, which is 3 x 250, or Rs. 750. The result is Rs. 750.