Abhay sells two buffalos for Rs . 10000 each. He gains 20./. on one bu

1.	Abhay sells two buffalos for Rs . 10000 each. He gains 20./. on one buffalo and on the other he gets a loss of 20./. Find his gain or loss percent on the whole transaction?
Answer» Answer: His GAIN% is 0% Step-by-step EXPLANATION: He gains a profit of 20/- on first BUFFALO and incurs a loss of 20/- on the second. His profit in the first CASE is neutralised by an equal amount of loss in second case. Hence, his Gain% or Loss% is 0 or Nil...

Abhay sells two buffalos for Rs . 10000 each. He gains 20./. on one buffalo and on the other he gets a loss of 20./. Find his gain or loss percent on the whole transaction?

Answer»

Answer: His GAIN% is 0%

Step-by-step EXPLANATION: He gains a profit of 20/- on first BUFFALO and incurs a loss of 20/- on the second.

His profit in the first CASE is neutralised by an equal amount of loss in second case. Hence, his Gain% or Loss% is 0 or Nil...