Question

A man purchaed a horse and a cow for Rs. 35500 and Rs. 8500 respectively. On the horse, he lost 10% and on the cow, he gained 10%. Find his total gain or loss percent.​

Answer 1

Step-by-step explanation:

Horse price = 35500 Rs

Cow Price = 8500 Rs

Gain on Horse = 10 * 35500/100

= 3550 Rs

Horse Sold at 35500 + 3550 = 39050 Rs

Like wise Cow sold at 8500 +850 = 9350 Rs

Total gain or loss = Sum of Selling price * 100/sum of Cost price

= 39050 + 9350 *100/35500 + 8500

= 48400 * 100/44000 = 110%

So the gain percent = 110 - 100 = 10%