Question

A former sold a bullocks for 2400 each. On one bullock he
gains 25%, and on the other he lost20%. find his total
profit or loss percent.​

Answer 1

Answer:

2.43%

Step-by-step explanation:

Total Selling Price for 2 bullocks = 24000 + 24000 = 48000.

Given that, on the 1st bullock, he gains 25%.

Cost Price of the 1st bullock

= 24000 * 100/125

= 19200.

Given that, on the 2nd bullock, he lost 20%.

Cost price of the 2nd bullock

= 24000 * 100/80

= 30000.

Total cost price of 2 bullocks

= 19200 + 30000

= 49200.

We know that Loss = CP - SP

                                 = 49200 - 48000

                                 = 1200.

AND,

Loss% = (Loss/CP) * 100

= (1200 * 100/49200)

= 2.43%

I hope this helps you...

Answer 2

Step-by-step explanation:

sp1=sp2 = 2400

cp1 = sp1/(1+g%)

= 2400/(1+25%) = 2400/1.25 =1920

cp2=sp2/(1-l%)

=2400/(1-20%) = 2400/0.8 =3000

cp = cp1+cp2 = 1920+3000 =4920

sp =sp1+sp2 = 2400+2400 = 4800

loss% =cp-sp/cp ×100

=120/4920 ×100 = 2.44%