Question

Mike sold two horses for ₹18,000 each . On one he got a profit of 20% and on the other he lost 20% . Find his total gain or loss.​

Answer 1

Answer:

₹ 8500

Step-by-step explanation:

first price = 18000/1.20 = 15000

second price = 18000/0.80 = 22500

total price for two horses = 27500

his gain = 36000 - 27500 = 8500

Answer 2

Answer:

₹ 8500

Step-by-step explanation:

first price = 18000/1.20 = 15000

Second price = 18000/0.80 = 22500

Total prices for two horses = 27500

his gain = 36000 - 27500 = 8500

Explanation:

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