Question

A man sold two horses for Rs 1200 each getting 20% on the one and losing 20 %on the other. find his total gain or loss percent

Answer 1

Answer: There is no gain or loss .

Step-by-step explanation:

The man sold 2 horses for Rs 1200 each .

That means he sold 1 horse for Rs 1200 and the other for the same rate .

 Selling Price =  Rs 1200 +  Rs 1200

                        =   Rs 2400

Now ,

         he incurred a loss of 20% on 1 horse

                                        &

          he incurred a gain of 20% on 1 horse

this means that he loss 20% and gained also the same 20%

I'll explain this with an example ,

          A man loss 10 Rs . And again he got 10 Rs change .

 Here no loss nor profit .

There Fore ,

                     There is no gain or loss .

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