Question

a milk man sold 2 buffaloes for ₹20,000 each .on one ,he made a profit of 5% and on the other,a loss of 10% .Find his overall gain or loss .(HINT :Find Cost Price)​

Answer 1

Answer:

for 1st buffalo SP =20000

so when it is sold at profit of 5%

CP + 5%CP =20000

$x + 5\%x = 20000$

$21x \div 20 = 20000$

$x = 19047.62$

for 2nd buffalo also SP=20000

so when it is sold at loss of 10%

CP - 10%CP=20000

$y - 10\%y = 20000$

$9y \div 10 = 20000$

$y = 22222.23$

Now total CP of both buffaloes

x+y= 19047.62 + 22222.22

TCP= 41269.84

and TSP is 40000

so there is an overall loss of 1269.84

Answer 2

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