a milkman sold two of his buffalo for rupees 20000 each on one he made a gain of 5% and on the other a loss of 10% find his overall gain or loss
Answers
SP of first buffalo = 20000
Proft = 5%
CP = x
20000/x x 100 = 105
x = 19047.62
CP of first buffalo = Rs. 19047.62 .............. (1)
SP of second baffalo = 20000
Loss = 10%
CP = y
20000/y x 100 = 90
y = 22222.22 -----------------(2)
Total CP = 19047.62 + 22222.22 = 41269.84
Total SP = 20000 x 2 = 40000
40000 ∠ 41269.84
SP ∠ CP
His total loss 41269.84 - 40000 = Rs.1269.84
His loss in perecent = 1269.84/41269.84 x 100 = 3.08%
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♠️How??
Buffalo = Rs 20000
The milkman gain of 5% for selling one buffalo
That means if C.P = Rs 100
S.P = 105.
C.P. of one buffalo =
Rs 19,047.62
Second buffalo was sold at a loss of 10%.
If C.P = 100, then S.P = 90.
C.P. of other buffalo =
Rs 22222.22
Total C.P. = Rs 19047.62 + Rs 22222.22
Rs 41269.84
Total S.P. = Rs 20000 + Rs 20000
Rs 40000
Loss = Rs 41269.84 − Rs 40000
Rs1269.84