A farmer sold 2 Bullockcarts for Rs 21000 each. on one bullocot he gained 25% and on the other he lost 20%. Find his total profit or loss percentage?
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Step-by-step explanation:
Selling price of 1st bullockcart = 21000₹
Profit on 1st bullockcart = 25%
Cost price of 1st bullockcart = 21000×100/125
= 16800₹
Selling price of 2nd bullockcart = 21000₹
Loss on 2nd bullockcart = 20%
Cost price of 2nd bullockcart = 21000×100/80
= 26250₹
cost price of both bullockcarts = 16800+26250
= 43050₹
selling price of both bullockcarts = 2×21000
= 42000₹
Total loss = 43050-42000 = 1050₹
Loss% = 1050/43050×100 = 2.43%
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