Question

Mike sold 2 horses for 18000 each. on one he got a profit of 20% and on the other he lost 20%. find his total gain or loss

Answer 1

One horse = 18000
profit = 20%

profit amount = 18000+20/100*18000
= 21600

other horse = 18000
loss = 20%

loss amount = 18000-20/100*18000
= 14400


he did not get loss or gain

THANKS