a farmer sold 2bullocks for 20000 each an one bullocks he gained 25% and on the other he lost 20%find his total profit or loss precent
Answers
Answer :-
The loss percentage of the farmer is 5%.
Step-by-step explanation
To Find :-
- The total profit or loss percentage.
★ Solution
Given,
- Amount of two bullocks a farmer sold = Rs. 20,000
- One he gained = 25%
- Other he lost = 20%
For one bullock :
S.P. = Rs. 20,000 and Gain = 25%
Therefore, Cost Price
As we know that,
Cost price = 100/(100 + gain%) × S.P.
A.T.Q,
→ 100/(100 + gain%) × S.P
→ 100/(100 + 25) × 20000
→ 100/125 × 20000
→ 2000000/125
→ Rs. 16,000
Now, For other bullock :
S.P. = Rs. 20,000 and Loss = 20%
Therefore, Cost Price
As we know that,
Cost price = 100/(100 - loss%) × S.P.
A.T.Q,
→ 100/(100 - loss%) × S.P.
→ 100/(100 - 20) × 20000
→ 100/80 × 20000
→ 2000000/80
→ Rs. 25000
Now, Total C.P. and S.P. of bullocks :-
Total C.P. of two bullocks
→ Rs. (16,000 + 25,000)
→ Rs. 41,000
Total S.P. of two bullocks
→ Rs. (20,000 + 20,000)
→ Rs. 40,000
As Cost price is greater than Selling price
So, Loss
→ C.P. - S.P.
→ Rs. (41,000 - 40,000)
→ Rs. 1,000 = Loss
By the problem,
- The loss percentage :-
→ Loss% = Loss/C.P. × 100
→ 1000/20000 × 100
→ 100000/20000
→ 10000/2000
→ 1000/200
→ 100/20
→ 10/2
→ 5% = Loss percentage.
Hence, The loss percentage is 5%.
Answer:
Total Selling Price for 2 bullocks =
Given that, on the 1st bullock, he gains 25%.
Cost Price of the 1st bullock =
on the 2nd bullock, he lost 20%
Cost price of the 2nd bullock =
Total cost price of 2 bullocks
We know that Loss CP-SP
= 49200 - 48000
= 1200.
AND,
Loss%=
= (1200*100/49200)
= 2.43%