A person sold a horse at a gain of 15 %. Had | vedclass

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(C) Let the original cost price $(C.P.)$ of the horse be $₹ x$.The initial selling price $(S.P.)$ at a gain of $15 \%$ is $S.P. = x + 0.15x = 1.15x$.I

Vedclass · Accepted Answer

$375$

Vedclass · Answer

(C) Let the original cost price $(C.P.)$ of the horse be $₹ x$.The initial selling price $(S.P.)$ at a gain of $15 \%$ is $S.P. = x + 0.15x = 1.15x$.If the horse were bought for $25 \%$ less,the new cost price $(C.P.')$ would be $x - 0.25x = 0.75x$.If the horse were sold for $₹ 60$ less,the new selling price $(S.P.')$ would be $1.15x - 60$.According to the problem,the new profit is $32 \%$,so $S.P.' = C.P.' 	imes (1 + 32/100) = 0.75x 	imes 1.32$.Calculating the new $S.P.'$: $0.75x 	imes 1.32 = 0.99x$.Equating the two expressions for $S.P.'$: $1.15x - 60 = 0.99x$.Rearranging the terms: $1.15x - 0.99x = 60$.$0.16x = 60$.$x = 60 / 0.16 = 375$.Therefore,the cost price of the horse was $₹ 375$.

$A$ person sold a horse at a gain of $15 \%$. Had he bought it for $25 \%$ less and sold it for $₹ 60$ less,he would have made a profit of $32 \%$. The cost price of the horse was (in $₹$):

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