Question

8) a man sells two buffaloes for rs. 7,820 each. on one he gains 15% and on the other, he loses 15%. his total gain or loss in the transaction is

Answer 1

I hope that I answer helps you

Answer 2

Answer:

The man loses ₹360 .

Step-by-step explanation:

• Let the cost price of the 1st Buffalo be ₹x.

selling price = ₹7820

He has gain 15%.

hence, S.P.=C.P.+ profit

so, 7820= x+ 15% of x

or, x+ 15x/100= 7820

115x/100 = 7820

x = 7820×100/115 = 6800

Hence, the Cost Price of the first Buffalo is ₹6800

• Let the cost price of the 2nd Buffalo be ₹y.
• selling price = ₹7820
• He loses 15%.
• hence, S.P.=C.P. - loss

7820= y - 15% of y

or, y - 15y/100 = 7820

85y/100 = 7820

y = 7820×100/85 =₹ 9200

• Total cost of two Buffaloes is (6800+9200)=₹16000
• Total selling price of two Buffaloes is 7820+2 = 15640
• Hence, total loss = 16000-15640=360

so, total lose of thar person in the transaction is ₹ 360.