Question

A farmer sold 2 bullocks for rs24000 each.On 1 bullock he gained 25% and on other he lost 20%. Find his total profit or loss percent

Answer 1

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SP of 2 Bullock's = ₹24000

Gain at 1st Bullock = 25%
CP of 1st Bullock = SP * 100/ 100 + G%
=> 24000 * 100/ 100 + 25%
=> 24000 * 100/ 125
=> ₹19200

Loss at 2nd Bullock = 20%
CP of 2nd Bullock = SP * 100/100 - L%
=> 24000 * 100/ 100 - 20%
=> 24000 * 100/ 80
=> ₹30000

Total CP = 19200 + 30000
=> ₹49200
Total SP = ₹24000 * 2
=> ₹48000

Thus, Loss
Loss = CP - SP
=> 49200 - 48000
=> ₹1200

Loss% = Loss * 100/ CP
=> 1200 * 100 / 49200
=> 2.43%

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Answer 2

Answer:   2.43%

Explanation:

On 1st Bullock He gains 25%,

                     Therefore,

                       Cost Price of the 1st bullock

                     = 24000 * 100/125

                     = 19200

On 2nd Bullock He lost 20%

                                 Cost price of second Bullock

                           = 24000 * 100/80

                           = 30000

Total Selling Price for 2 bullocks

                                          = 24000 + 24000

                                          = 48000

 Total cost price of 2 bullocks

                                        = 19200 + 30000

                                        = 49200

We know that,

                                   Loss = CP - SP

                                = 49200 - 48000

                                = 1200.

We know that,

                                    Loss% = (Loss/CP) * 100

                                  = (1200 * 100/49200)

                                  = 2.43%

Therefore, Total loss percent of Farmer is 2.43%

Explanation:

In this question, There are given 2 Bullocks which were sold for 24000 each.

On 1 Bullock He gains 25% And,

On 2nd Bullock He lost 20%

                  

So, First we find the cost price of 1st and 2nd Bullock. Which is 19200 and 30000

And, Later we find the total selling price of 2 Bullocks, which we get 48000.

We do, Loss = C.P - S.P

We get 1200

After that, we get Lost percent as 2.43%