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A horse and a cow were sold for Rs. 3040 making a profit of 25% on the horse and 10% on the cow. By selling them for Rs. 3070 the profit realized would have been 10% on horse and 25% on the cow. Find the cost price of each.
A horse and a cow were sold for Rs. 3040 making a profit of 25% on the horse and 10% on the cow. By selling them for Rs. 3070 the profit realized would have been 10% on horse and 25% on the cow. Find the cost price of each.
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Next article: In a perfect competition, the demand curve of a commodity is D=20-3p-p² and the supply curve is S=5p-1, where p is price, D is demand and S is supply. Find the equilibrium price and the quantity exchanged.
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