A milkman sold two of his buffaloes for ₹20,000 each. On one he made a gain of 5% and on the other a loss of 10%. Find his overall gain or loss.
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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
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