Question

A milkman purchased two cows for Rs 50, 000 each.He sold at 1% loss and other at 1℅ gain. Find his over all gain or loss​

Answer 1

Answer:

1

Step-by-step explanation:

1 cow is sold at 51 rs and 2nd is 41

49-51

= 1  

1/100*100

=1%

Answer 2

Answer:

If a milkman purchased two cows for Rs 50, 000 each. He sold at 1% loss and other at 1℅ gain, then overall no profit no loss.

Step-by-step explanation:

CP = 50, 000

%loss = 1 %

%loss = Loss/CP × 100

1 = loss/50000 × 100

1 = loss/500

loss = Rs 500

% profit = 1%

%Profit = Profit/CP × 100

1 = profit/50000 × 100

1 = profit/500

Profit = Rs 500

So, the loss is rs 500 and profit also 500. Means overall no profit no loss.