-
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
-
- 20%
-
18 2 % 9 -
14 2 % 7 - 21%
Correct Option: C
Given in question , S.P. of each bullock = $ 8,400
C.P. of first bullock = | = $ 7000 | 120 |
∴ Gain = $ 1400
∴ Loss = $ 1400
∴ C.P. of second bullock = 8400 + 1400 = 9800
If loss be y %, then
∴ 9800 × | = 1400 | 100 |
⇒ y = | = 14 | % | 7 | 7 |