A man purchased a bullock and a cart for Rs. 1800. He sold the bullock at a profit of 20% and cart at a profit of 30%. His total profit was 1556%. Find the cost price of bullock?
A
650
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B
750
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C
900
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D
800
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Solution
The correct option is B750 Cost Price of bullock and cart = Rs. 1800 Let bullock price was X and cart price was (1800−X) SP of both =1800+1556% of 1800=1800+1556×1100×1800=2265 Profit =2265−1800= Rs. 465
Then according to the question,we have X+20% of X+(1800−X)+30% of (1800−X)=2265 1.2X+1800−X+(54000−30X)100=2265 1.2X+1800−X+540−0.3X=2265 1.2X−1.3X=2265−1800−540 −0.1X=−75 X=750 Cost of bullock is Rs. 750.