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A farmer sell his two cows. One one, he ...

A farmer sell his two cows. One one, he gains 25% and on the other, he losses 25%. Find his gain or loss per cent in the whole transaction.

A

6.25% profit

B

6.25% loss

C

neither profit nor loss

D

none of the above

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AI Generated Solution

The correct Answer is:
To solve the problem of the farmer selling two cows, one with a gain of 25% and the other with a loss of 25%, we will use the following steps: ### Step 1: Understand the Problem The farmer sells two cows: - For the first cow, he gains 25%. - For the second cow, he loses 25%. We need to find the overall gain or loss percentage from these transactions. ### Step 2: Assume the Cost Prices Let's assume the cost price of the first cow is \( CP_1 = 100 \) (this is an arbitrary choice to simplify calculations). Then, the selling price (SP) of the first cow, with a gain of 25%, can be calculated as follows: \[ SP_1 = CP_1 + (25\% \text{ of } CP_1) = 100 + (0.25 \times 100) = 100 + 25 = 125 \] ### Step 3: Calculate the Selling Price of the Second Cow Now, for the second cow, we assume the cost price is \( CP_2 = 100 \) as well. The selling price (SP) of the second cow, with a loss of 25%, can be calculated as follows: \[ SP_2 = CP_2 - (25\% \text{ of } CP_2) = 100 - (0.25 \times 100) = 100 - 25 = 75 \] ### Step 4: Calculate Total Cost Price and Total Selling Price Now, we can calculate the total cost price and total selling price of both cows: \[ \text{Total Cost Price} = CP_1 + CP_2 = 100 + 100 = 200 \] \[ \text{Total Selling Price} = SP_1 + SP_2 = 125 + 75 = 200 \] ### Step 5: Determine Overall Gain or Loss Now, we can find out if there is an overall gain or loss: \[ \text{Total Gain or Loss} = \text{Total Selling Price} - \text{Total Cost Price} = 200 - 200 = 0 \] ### Step 6: Calculate Gain or Loss Percentage Since there is no gain or loss, the percentage is: \[ \text{Gain or Loss Percentage} = \left( \frac{\text{Total Gain or Loss}}{\text{Total Cost Price}} \right) \times 100 = \left( \frac{0}{200} \right) \times 100 = 0\% \] ### Conclusion The farmer neither gains nor loses in the whole transaction.
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