A milk sold two of his buffaloes for 20000each on one he made a gain of 5%and in the other. a loss of 10%.find his overall gain or loss
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Answered by
1
Answer:
both buffaloes sold at 20000 each
100percent=20000
1 percent =20000÷100=200
1)on first he got 5 percent gain=200×5=1000
he got rs 1000 gain
2)on second he got 10 percent loss
=200×10=2000
he lost 2000
Answered by
1
Answer:
Hope it helps!! Mark this answer as brainliest if u found it useful.
Step-by-step explanation:
FOR BUFFALO 1
SP = Rs 20,000
Gain =5%
CP = [100/100 + Profit%] * SP
So, Cost price = 100/105 × 20,000 = 4,00,000/21 = Rs. 19,047.62
FOR BUFFALO 2
SP of buffalo2 = Rs 20,000
Loss =10%
CP = [100/100-Loss%] * SP
So, Cost price = 100/90 ×20,000 = 2,00,000/9 = Rs 22,222.22
Total Cost price = Rs 41269.84
Total selling price = Rs 40,000
∵ CP>SP
∴ Loss = Rs 1269.84
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