A man sells a horse for Rs.1000 and loses something, if he had sold it for Rs.1090, his gain would ...

A man sells a horse for Rs.1000 and loses something, if he had sold it for Rs.1090, his gain would have been double the former loss. Find the cost price of the horse?

Quiz

Answer/Solution

1030

Steps/Work

CP = SP + 1CP = SP - g
1000 + x = 1090 - 2x
3x = 90 => x = 30
CP = 1000 + 30 = 1030
Answer: D