Question

How much percent does ravindra gains or losses in the whole transaction, if he sold 2 horses for rs.500 each, on one he gained 20% and on other he lost 12%?

Answer 1

Step-by-step explanation:

Horse 1:

Cp= 500 rs

Gain=20%

Sp= 120%of 500=600rs

Horse 2:

Cp= 500 rs

Loss=12%

Sp= 88%of 500= 440rs

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Total CP= 1000rs

Total SP= 1040rs

Gain percent=1040/1000*100