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.
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Step-by-step explanation:
profit percent 20
cp18000
sp=cp+profit ×cp
18000+20/100×18000=21600
loss percent 20
CP 18000
sp cp-looss×cp
18000-20/100×18000=14400
total cp =36000
total sp=21600+14400=3600
therefore no profit,no loss
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