Question

A milk man sold two of his buffaloes for each 20000 on one he made a gain of 5% and loss of 10% on the other find his overall gain or profit

Answer 1

Step-by-step explanation:

Cp = 20000 case 1

profit = 5%

• sp = 100+ p%/100* cp
• 100 + 5/100*20000
• 21000

case 2

sp = 100 -L%/100*cp

= 100-10/100*20000

= 18000

total Cp = 20000+20000

= 40000

total sp = 21000+18000

= 39000

loss = 1000

L%= L/cp*100

= 1000/40000*100

= 2.5%