A man sells two horses for Rs, 4000 each, neither losing

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A man sells two horses for Rs, 4000 each, neither losing nor gaining in the deal. If he sold one horse at a gain of 25% the other horse is sold at a loss of ?

1. 16²/₃%
2. 18²/₉%
3. 25%
4. None of these

Correct Option: A

C.P. of two horses = Rs. 8000
S.P. of one horse = Rs. 4000
Gain = 25%
∴ C.P. of this horse = Rs (100/125) x 4000 = Rs.3200
C.P. of another horse = Rs. (8000 - 3200) = Rs. 4800
S.P. of this horse = Rs. 4000
∴ Loss% = (800/4800) x 100 % = 16²/₃%