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)
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Answer:
SP Of Buffalo 1 = Rs 20,000
Gain = 5%
So, Cost Price Of Buffalo 1 =105100 × 20,000 = Rs. 19047.62
SP Of Buffalo 2 = Rs 20,000
Loss = 10%
Cost Price Of Buffalo 2 = 90100× 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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