Mathematics
NULL
Medium
Question
A horse sold for Rs 800 gives a loss; sold for Rs 980 the gain would be double that loss. Find the cost price.
A
Rs.900
B
Rs.875
C
Rs.850
D
Rs.860
✓ Official correct answer
Community credibility
Registered members can vote for the answer they believe is correct today and explain why. If the facts change after an election or news event, suggest a new option so others can vote it up.
A
Rs.900
No member explanations yet for this option.
B
Rs.875
No member explanations yet for this option.
C
Rs.850
No member explanations yet for this option.
D
Rs.860
No member explanations yet for this option.
Explanation
If loss = x, then 980 − (800 + x) = 2x ⇒ x = 60 ⇒ CP = Rs 860.