A farmer sold two bullocarts for 24000 each on one bullock he gained 25% and the other he loss the 20%.find the total profit or loss percent
Answers
=4800
it's cost =24000-4800=19200
and loss on second bullocarts 24000×20/80
=6000
it's cost =24000+6000=30000
now,
total cost of both bullocarts
=19200+30000
=49200
and selling price of both bullocarts
=24000+24000 =48000
total loss=49200-48000=1200
* loss percent = (loss×100)/cost
* * =(1200×100)/48000
= 2.5%
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%