7. A milkman sold two of his buffaloes for 20,000 each. On one he made a gain of 5% and on the other a loss of 10%. Find his overall gain or loss. (Hint: Find CP of each)
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Answer:
1) CP = 2oooox loo/105=19 047-60
2) CP = 2oooox loo/90 =22222.20
Total cp=4I269.80
Totals.p=4oooo
Loss=l 269.80
%loss=1269.80x100/40ooo =
3.2%
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