A farmer sold 2 bullocks for Rs.24000 each. On one bullock he gained 25% and on the other lost 20%. Find his total profit or loss percent. - Sri Chaitanya Infinity Learn Best Online Courses for NCERT Solutions, CBSE, ICSE, JEE, NEET, Olympiad and Class 6 to 12

A
2.4%
B
6%
C
7.5%
D
9%

Solution:

Let the CP of first bullock be x
Gain = 25% of x

SP = CP + gain =

Selling price of first bullock 24000,

⇒ CP of first bullock = Rs.19.200
Let the CP of second bullock be y
Loss percent = 20%

SP = CP − loss

But SP = Rs.24000,

CP of second bullock = Rs.30000
CP of 2 bullocks = Rs.19200 + Rs.30000 = Rs.49200
SP of 2 bullocks = Rs.24000 ⋅ 2 = Rs.48000
Loss = CP − SP = 49200 − 48000 = Rs.1200

Loss% = 2.4%
Hence option (A) is correct.

Solution:

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