Question

An animal trader buys a calf for 800 and sells at a profit of 10% and a cow
1200 and sells at a loss of 8%. Find his profit or loss percent oo whole​

Answer 1

Step-by-step explanation:

Profit % = Profit/CP * 100

10 = (Profit/800) * 100

Profit = 80 = SP - CP ( SP > CP )

80 = SP - 800

selling price of calf, SP = 880 ----------Eq1

Loss % = Loss/CP * 100

25/3 = (Loss/1200) * 100

Loss = 100 = CP - SP ( CP > SP )

100 = 1200 - SP

selling price of cow, SP = 1100 ----------Eq2

So, Total cost price of both = 800 + 1200 = 2000

and from Eq1 and 2, Total selling price is = 880 + 1100 = 1980

Loss = CP - SP ( CP > SP ) = 2000 - 1980 = 20

Loss % = Loss/CP * 100 = (20/2000) * 100 = 1 %

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