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1 .


Two horses are sold for Rs. 1955 each. The first one is sold at 15% profit and the other one at 15% loss. What is the total profit or loss?

[ A ]    Rs. 110 profit
[ B ]    Rs. 90 loss right
[ C ]    Rs. 90 profit
[ D ]    Rs. 110 loss
[ E ]    None of these
Answer : Option B
Explanation :
Let the cost of the first horse be x

and that of the second horse be y.

Then, x $\times$ $115 \over 100$ = Rs. 1955

or, x = $1955 \times 100 \over 115$ = Rs. 1700

Again y $\times$ $85 \over 100$ = Rs. 1955

or y = $1955 \times 100 \over 85$ = Rs. 2300

Total cost = 1700 + 2300 = Rs. 4000

Selling price = 1955 $\times$ 2 = Rs. 3910

Loss = 4000 - 3910 = Rs. 90
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