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it to gain 5%?ock he gained 25A farmer sold 2 bullocks for 24000 each. On one bullock he gainother he lost 20%. Find his total profit or loss percent?borroTheinter

Answer»

Total Selling Price for 2 bullocks = 24000 + 24000 = 48000.

Given that, on the 1st bullock, he gains 25%.

Cost Price of the 1st bullock = 24000 * 100/125

= 19200.

Given that, on the 2nd bullock, he lost 20%.

Cost price of the 2nd bullock = 24000 * 100/80

= 30000.Total cost price of 2 bullocks = 19200 + 30000

= 49200.

We know that Loss = CP - SP

= 49200 - 48000

= 1200.

AND,

Loss% = (Loss/CP) * 100

= (1200 * 100/49200)2.43%



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