9. A man sells two goats at Rs 120 each and by doing so gains 25% on one goat and loses 25% on the other. Does he gain or lose on the whole
and by how much?
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Answer:
Loss = 6.25% 16 Rupees
Step-by-step explanation:
Either you use the formula or use the trick to solve it to solve it
Trick
-6.25% (-) means overall loss
Cost price of 1 goat =
= 96 Rs
Cost price of 2nd goat =
= 160
Total CP = 160+96
= 256
Total SP = 120 +120
= 240
Loss = 256-240
Loss = 16
Loss % = 16/256 * 100
= 6.25%
Hope it helps
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