Multiple choice

A horse and a cow were sold for Rs. 540, making a profit of 25% on the horse and 20% profit on the cow. If profit on horse is 20% and on cow is 25%, total selling price is Rs. 538. Find the cost price of the horse?

  1. Rs.200

  2. Rs.240

  3. Rs.150

  4. Rs.120
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Let H be the cost price of horse and C be the cost price of cow. From the given conditions: 1.25H + 1.20C = 540 and 1.20H + 1.25C = 538. Solving these equations simultaneously, we get H = Rs. 240 and C = Rs. 200. The question asks for the cost price of the horse.

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