Question

A farmer sold 2 bullocks for Rs24000 each.On one bullock he gain 25% and on the other he lost 20%.Find his total profit or loss percent?​

Answer 1

Answer:

2.44 % Profit

Step-by-step explanation:

Given S.P of each Bullock = Rs 24000

(i) Profit =S.P−C.P

⇒25% of C.P = S.P - C.P

⇒10025C.P=24000 - C.P

⇒41C.P + C.P= 24000

⇒45C.P = 24000

⇒C.P = Rs 19200

(ii)Loss = C.P−S.P

⇒ 20% of C.P = C.P - S.P

⇒10020 C.P = C.P - 24000

.⇒ C.P - 51 C.P = 24000

⇒54 C.P = 24000

⇒C.P = 6000×5

⇒ C.P = Rs 30000

Now Total S.P of 2 Bullocks = Rs 48000

Total C.P of 2 Bullocks = Rs 19200 +Rs30000

= Rs 49200

Profit = S.P−C.P

= Rs 48200 - 48000

= Rs 1200

Profit % = C.PP×100

= 492001200×100

=2.44

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