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].
Answers
Answer:
buffalo = Rs 20000 The milkman made a gain of 5% while selling one buffalo. This means if C.P. is Rs 100, then S.P. is Rs 105. C.P. of one buffalo =2000×100/105= Rs 19,047.62 Also, the second buffalo was sold at a loss of 10%. This means if C.P. is Rs 100, then S.P. is Rs 90. ∴C.P. of other buffalo =2000×100/90= 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 Ans,- ,the loss of milkman is, Rs 1,269.84.
Step-by-step explanation:
1st buffalo
cp=100/100+5*sp
cp=100/105*20000
cp=19047
2nd buffalo
cp=100/100-10*20000
cp=100/90*20000
cp=22222
Total sp = 20000+20000
= 40000
total cp = 19047+22222
=41269
loss= 41269-40000
= 1269
loss%= 1269*100/41269
=3%
this answer is approximately