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. ( Hint : Find CP of each)
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Step-by-step explanation:
CP of first buffaloe=20000×100/105
=19047.6
CP of second buffaloe=20000×100/90
=22222.2
total SP =20000+20000
=40000/-
total CP =19047.6+22222.2
=41269.8
PSP less than CP
so, loss=41269.8-40000
=1269.8/-
loss%=1269.8/41269.8×100
=3.07%
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