A cattle merchant sold two of his horses for Rs 29700 each. On one he made a gain of 10% and on the other a loss of 10%. overall he made
Solution (By Examveda Team)
Total Selling Price = 29700 x 2 = 59400Cost price = (29700/1.1) + (29700/0.9) = 60000
Over all loss = ((60000 - 59400) / 60000) x 100 = 1%
Join The Discussion