A man bought two goats for Rs. 1008. He sold one at a loss of 20% and other at a profit of 44% if each goat was sold for the same price the cost price of the goat which was sold at loss, was = ?

A man bought two goats for Rs. 1008. He sold one at a loss of 20% and other at a profit of 44% if each goat was sold for the same price the cost price of the goat which was sold at loss, was = ? Correct Answer Rs. 648

Let the CP of two goats be → x & y
$$\eqalign{ & x \times \frac{{80}}{{100}} = y \times \frac{{144}}{{100}} \cr & \frac{x}{y} = \frac{{144}}{{80}} \cr & \,\,\,\,\,\,\, = \frac{{18}}{{10}} \cr & \,\,\,\,\,\,\,\, = \frac{9}{5} \cr & {\text{CP of goats sold at loss}} \cr & \Rightarrow {\text{1008}} \times \frac{9}{{14}} \cr & \Rightarrow 72 \times 9 \cr & = {\text{Rs}}{\text{.}}\,648 \cr} $$

Related Questions

Each question below is followed by two statements I and II. You have to determine whether the data given in the statements are sufficient for answering the question. You should use the data and your knowledge of Mathematics to choose the best possible answer. The combined cost of three articles in a shop is Rs.4200. Two article sold at profit of 25% and 12.5% and third article is sold such that there is a loss of Rs.630. What is the loss percentage incurred on third article. I. The difference between cost price of highest article and lowest article is Rs.600. The costliest article is sold at a loss.  II, The cheapest item is sold at 25% profit. The the price of one of that article is the average price of the cheapest and costliest item.