BANK EPFO SSA Mock Test 2023 Quantitative Aptitude Profit and Loss Successive Selling

Mohit bought a horse and a carriage for Rs. 4000. He sold the horse at a gain of 20% and the carriage at a loss of 10%, thereby gaining 2% on the whole. Find the cost of the horse?

1
Rs. 1000
2
Rs. 1400
3
 Rs. 1200
4
 Rs. 1600
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