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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 |
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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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