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A man bought two goats for $ 1008. He sold one at a loss of 20% and other at a profit of 44%. If each goat was sold for the same price, the cost price of the goat which was sold at loss, was :
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- $ 648
- $ 360
- $ 568
- $ 440
Correct Option: A
If p and q be the cost price of two goats, then,
From the question ,
80% of p = 144% of q
⇒ | = | = | q | 80 | 5 |
i.e., p : q = 9 : 5
Sum of the ratios = 9 + 5 = 14
∴ Cost of first goat = $ | 9 | × 1008 | = $ 648 | |||
14 |