A farmer sold 2 bullocks for rs24000 each on one bullock he gained 25% and on the other he lost 20% find his total profit or loss percent
Given: A farmer sold 2 bullocks for rs24000 each on one bullock he gained 25% and on the other he lost 20%
To do: Find total profit or loss percent.
Answer:
S P of one bullock = 24000
profit % = 25
C P of bullock = $\frac{100 \times SP}{(100 + 25)} = 100 \times \frac{24000}{125} = 19,200$
S P of one bullock = 24000
loss % = 20
C P of bullock = $\frac{100 \times SP}{100 - 20} = 100 $\times\frac{24000}{80}$= 30,000
Total CP = $19,200 + 30,000 = 49,200$
Total SP = $24000 + 24000 = 48000$
Total SP < Total CP as 48000 < 49,200
So there is loss = $49,200 - 48,000$= 1,200
% Loss = $\frac{Loss }{Total CP} \times$ 100 = $\frac{1200}{49200} \times 100$ = 2.44%
Related Articles
- A farmer sold two Bullock for rupees 18000 each. On one Bullock he gained 20% and on the other, he lost 20%. Find his total loss and gain per cent.
- A dealer sold two types of goods for 10000 each. One of them he lost 20% and on the other he gained 20%. Find his gain or loss percent in the entire transaction.
- A milkman sold two of his buffaloes for Rs.\( \ 20,000 \) each. On one he made a gain of \( 5 \% \) and on the other a loss of \( 10 \% \). Find his overall gain or loss. (Hint: Find CP of each)
- Vaibhav sold two radios at rupees 924 each. On one he gains 20% and on other, he loses 20%. How much does he gain or lose in the whole transaction.
- Dinesh bought a mobile for Rs 8000 and sold it for Rs 6400. Find his profit or loss percent .
- Karim bought 150 dozen of pencils at Rs.10 a dozen. His overhead expenses were Rs.100. He sold them at Rs. 1.20 each. What was his profit or loss percent?
- Fahim bought $120$ dozen pencils at $Rs.\ 10$ per dozen. His overhead expenses were $Rs.\ 80$. He sold them at $Rs.\ 1.25$ each. What was his profit or loss percent?
- Sohan bought a second hand refrigerator for Rs.2500, Then spent Rs. 500 on its repair and sold it for Rs. 3300. Find his loss or gain percent.
- Ramesh buys some apple at the rate of Rs. 5 per apple. He also buys an equal number of bananas at the rate of Rs. 2 per banana. He makes a 20% profit on apples and a 15% profit on bananas. At the end of the day, all the fruits are sold out. His total profit is Rs. 390. Find the number of apples purchased.
- At the end of the winter season, a shopkeeper earns a profit of rupees 100 by selling a shirt but incurred a loss of rupees 50 on selling a woolen jacket. At the end of the sale on one day, he incurred a loss of rupees 200 while he sold 10 Jacket. How many shirts did he sell on that day?
- Profit or Loss percent is always calculated on_____________.
- Gagan bought a plot of land for 2,35,000/-. He built a boundary wall around the plot and leveled the land and sold it for 35,00,000/-, thus making a profit of 40% on his investment. How much did he spend as overhead charges?
- An electronic goods dealer purchase an old tv set for rupees 8700. He spent rupees 1100 on its repair and sold it at a profit of 8% . Find his selling price
- A man buys a land for Rs. 300000. He sells one - fourth at a loss of 20% and two - fifth at a gain of 25%. At what price must he sell the remaining land so as to make an overall profit of 10%?
- A labourer is engaged for 20 days on the condition that he will receive Rs. \(120 \) for each day he works and will be fined Rs.\( 10 \) for each day he is absent. If he receives Rs.\( 1880 \) in all, for how many days did he remain absent?
Kickstart Your Career
Get certified by completing the course
Get Started
Data Structure
Networking
RDBMS
Operating System
Java
MS Excel
iOS
HTML
CSS
Android
Python
C Programming
C++
C#
MongoDB
MySQL
Javascript
PHP
Physics
Chemistry
Biology
Mathematics
English
Economics
Psychology
Social Studies
Fashion Studies
Legal Studies