Question

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)​

Answer 1

Answer:

Sp of buffalo(1) = Rs 20,000

Gain =5%

So, Cost price of buffalo(1) = 105/100 ×20,000

= Rs. 19047.62

SP of buffalo(2) = Rs 20,000

Loss =10%

Cost price of buffalo2 = 90/100 ×20,000

= Rs 22,222.22

Total Cost price = Rs 41269.84

Total selling price = Rs 40,000

Loss = Rs 1269.84

Step-by-step explanation:

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