Maulik bought two horses at rs 40,000 each. he sold one horse at 15% gain, but he to sell the second horse at a loss. if he had suffered a loss of rs 3600 on the whole transaction, find the selling price of the second horse.

Answer is selling price of second horse is Rs 30400.

Step-by-step explanation:

Maulik bought one horse at Rs 40000 and sold it with a gain of 15%

So the selling price of one horse will be 40000+15% of 40000

                                                      = 40000+6000

                                                      = Rs 46000

Second horse is costing Rs 40000 and had suffered a loss of Rs 3600 on selling both so selling price of both will be = 40000×2-3600

                                                                       = 80000-3600

                                                                       = 76400

  Now selling price of second horse will be selling price of both - selling price of first = 76400-46000 = Rs 30400

The selling price of the second horse is Rs 30,400.

Step-by-step explanation:

Cost Price of first horse()= Rs. 40,000

Cost Price of second horse()= Rs. 40,000

Total cost price==Rs (40,000+40,000)=Rs 80,000

First horse is sold at 15% gain.

This means selling price of first horse()=

                                                              = Rs. 46,000

also total there is a loss of Rs 3600

selling price of both the horses(SP)=80000-3600=Rs 76400

now,

where is the selling price of the second horse.

Hence the selling price of the second horse is Rs 30,400.

answer: the answer to your question is parallel

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step-by-step explanation: