Mike sold two horses for 18,000 each. on one he got a profit of 20% and on the other he lost 20%. find the total gain or loss.
Answers
Answered by
1
profit of first horse=18000+20% of 18000
=3600+18000
=21600
loss of second horse=18000-20%of 18000
=14400
so total sp amt.=14400+21600
=36000
total cp=18000+18000
=36000
since, cp=sp...
therefore no profit or loss.
=3600+18000
=21600
loss of second horse=18000-20%of 18000
=14400
so total sp amt.=14400+21600
=36000
total cp=18000+18000
=36000
since, cp=sp...
therefore no profit or loss.
pramoddubey08:
actually it is wrong ans..I know ans but not solution..the answer is loss of rs 1,500
but how?
are you kidding?
I also don't know that's why I put this question in Brainly
at last in my book answer is given loss of rs 1500
No I'm not kidding
ok sorry for my wrong answer if you are telling the truth
No problem.. It's a typical question
Answered by
5
PROFIT
SP=18000 GAIN %=20%
CP=SP*100/100+G%
1800000/120
15000
LOST
SO=18000 LOSS%=20%
CP=SP*100/100-L%
1800000/-80
22500
TOTAL SP=18000+18000=36000
TOTAL CP=15000+22500=37500
CP>SP
LOSS=CP-SP37500-36000=1500ANSWER
SP=18000 GAIN %=20%
CP=SP*100/100+G%
1800000/120
15000
LOST
SO=18000 LOSS%=20%
CP=SP*100/100-L%
1800000/-80
22500
TOTAL SP=18000+18000=36000
TOTAL CP=15000+22500=37500
CP>SP
LOSS=CP-SP37500-36000=1500ANSWER
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