Question

A milkman sold 2 buffaloes at the price of ₹20000 each. On one he made a gain of 5% an on the other a loss of
10%. Find his overall gain or loss​

Answer 1

We have given the data in the question

2buffaloes sold= 20000 each

a= at 5% gain

b=at 10% loss

find the overall gain and loss

$\text { Sp of buffalo1 }=\text { Rs } 20,000$

$\text { Gain }=5 \%$

$\text { So, Cost price of buffalo1 }=\frac{100}{105} \times 20,000=\text { Rs. } 19047.62$

$\begin{array}{l}\text { SP of buffalo2 }=\text { Rs } 20,000 \\\text { Loss }=10 \%\end{array}$

$\text { Cost price of buffalo2 }=\frac{100}{90} \times 20,000=\text { Rs } 22,222.22$

$\begin{array}{l}\text { Total Cost price }=\text { Rs } 41269.84 \\\text { Total selling price }=\text { Rs } 40,000\end{array}$

$\text { Loss }=\text { Rs } 1269.84$

hence finally  we concluded the overall loss =1269.84