Home » Aptitude » Profit and Loss » Question
  1. A trader sells two bullocks for $ 8,400 each, neither losing nor gaining in total. If he sold one of the bullocks at a gain of 20%, the other is sold at a loss of
    1. 20%
    2. 18
      2
      %
      9
    3. 14
      2
      %
      7
    4. 21%
Correct Option: C

Given in question , S.P. of each bullock = $ 8,400

C.P. of first bullock =
100 × 8400
= $ 7000
120

∴ Gain = $ 1400
∴ Loss = $ 1400
∴ C.P. of second bullock = 8400 + 1400 = 9800
If loss be y %, then
∴ 9800 ×
y
= 1400
100

⇒ y =
100
= 14
2
%
77



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