A horse was sold for Rs.60,000 at a profit of 20%. For what price should he have sold to gain a 30% profit?
(1)Rs.64,000
(2)Rs.65,000
(3)Rs.50,000
(4)Rs.55,000
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A horse was sold for Rs.60,000 at a profit of 20%. For what price should he have sold to gain a 30% profit?