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Question
A man sells a horse for Rs.800 and loses something, if he had sold it for Rs.980, his gain would have been double the former loss. Find the cost price of the horse?
Options:
A .  Rs.900
B .  Rs.875
C .  Rs.850
D .  Rs.860
Answer: Option D
CP = SP + 1CP = SP – G
800 + X = 980 – 2X
3X = 180 => X = 60
CP = 800 + 60 = 860

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