Mathematics
NULL
Medium
Question
A horse and a cow each sell for Rs 12,000; the horse at 20% loss and the cow at 20% gain. What is the net result?
A
No loss or gain
B
Loss of Rs. 1000
✓ Official correct answer
C
Gain of Rs. 1000
D
Gain of Rs. 2000
Community credibility
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A
No loss or gain
No member explanations yet for this option.
B
Loss of Rs. 1000
No member explanations yet for this option.
C
Gain of Rs. 1000
No member explanations yet for this option.
D
Gain of Rs. 2000
No member explanations yet for this option.
Explanation
Horse CP = 15,000; cow CP = 10,000; total CP = 25,000 vs SP 24,000 ⇒ loss of Rs 1000.