Question

Patel sells two cows for rs 10000 each, neither losing nor gaining in the deal if he sold one cow at a gain of 66.6% find the loss for another cow

Answer 1

Answer:

28.56%

Step-by-step explanation:

When he sells Cow A at 66.66% profit

which means Cost price of Cow A is 6002.4

CP = {10000÷(100+66.66)}×100 = 6002.4

Now Cow B suffers a loss

Selling Price = 10000

loss would be equal to gain on Cow A

i.e. 3997.5 (10000-6002.4)

So the Cost price Of cow B would be

10000 + 3997.5 = 13997.5

therefore 3997.5÷13997.5 × 100

would be 28.56%.