Question

A milkman purchased two cows for ruppees 50, 000. He sold at 1℅ loss and other at 1℅ profit. Find his overall gain and profit​

Answer 1

Step-by-step explanation:

Sp of buffalo1 = Rs 20,000

Gain =5%

So, Cost price of buffalo1 =

105

100

×20,000= Rs. 19047.62

SP of buffalo2 = Rs 20,000

Loss =10%

Cost price of buffalo2 =

90

100

×20,000= Rs 22,222.22

Total Cost price = Rs 41269.84

Total selling price = Rs 40,000

Loss = Rs 1269.84