If Ram buys two cows at Rs. 824
each and sells one at a gain of
14% and another at a loss of 14%.
How much does he gain or lose
in the whole transaction?
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Answer:
gain on sell of cow 1 = 824*14%
= 824*14/100
= ₹115.36
loss on sell of cow 2 = 824*14%
= ₹115.36
total gain or loss = gian - loss
= 115.36 - 115.36
= ₹0
there is no gain or loss in whole transaction
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