Question

a man sold two goats at $800 each and made a profit of 10% from one and a loos of 10% from the other.find his total profit or loss per cent.

Answer 1

$\textbf {Hey there, here is the solution.}$

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Find total selling price:

One goat = $800

two goats = 800 x 2 = $1600

Find the cost price of the one that made a profit of 10%:

100 + 10 = 110%

110% = $800

1% = $7.27

100% = 7.27 x 100 = $727

Find the cost price of the one he made a loss of 10%:

100 - 10 = 90%

90% = $800

1% = $8.89

100% = 8.89 x 100 = $889

Find total cost price:

727 + 889 = $1616

Find profit/loss:

Profit = $1616 - $1600 = $ 16

Find profit percentage:

Profit Percentage = 16/1616 x 100 = 1%

Answer: The man made 1% profit

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⭐$\textbf {Cheers}$⭐