Question

7. Amilkman 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 buffalo1 = Rs 20,000

Gain =5%

So, Cost price of buffalo1 =

105

100

×20,000= Rs. 19047.62

SP of buffalo2 = 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

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