Question

11. A farmer bought a buffalo for 40,000 and a cow for 30,000. He sold buffalo at a loss of
5% but made a profit of 10 % on the cow. What is his profit in the overall transaction?
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Answer 1

Step-by-step explanation:

Cost price of buffalo =Rs.44000

Loss of 5%

∴Loss=

100

5

×44000=2200

Selling price of buffalo =Rs.44000−2200=Rs. 41800

Cost price of cow =Rs.18000

Profit of 10%

Hence,

profit=

100

10

×18000=1800

So, Price=18000+1800=Rs. 19800

Cost price of both cow and buffalo

=44000+18000=Rs. 62000

Selling price of both cow and buffalo

⇒Rs.(19800+41800)=Rs.61600

∴Loss=62000−61600=Rs.400