Question

:- 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)

Answer 1

S.P. of each buffalo = Rs.20,000

S.P. of two buffaloes = 20,000 × 2 = Rs.40,000

One buffalo is sold at 5% gain.

Let C.P. be Rs.100, then S.P. = 100 + 5 = Rs.105

∵ When S.P. is Rs.105, then C.P. = Rs.100

∴ When S.P. is Rs.1, then C.P. = 100/105

∴ When S.P. is Rs.20,000, then C.P.

= 100/105 × 20000 = Rs.19,047.62

Another buffalo is sold at 10% loss.

Let C.P. be Rs.100, then S.P. = 100 – 10 = Rs.90

∵ When S.P. is Rs.90, then C.P. = Rs.100

∴ When S.P. is Rs.1, then C.P. = 100/90

∴ When S.P. is Rs.20,000, then C.P.

= 100/90 × 20000 = Rs.22,222.22

Total C.P. = Rs.19,047.62 + Rs.22,222.22

= Rs.41,269.84

Since C.P. >S.P.

Therefore here it is loss.

Loss = C.P. – S.P.

= Rs.41,269.84 – Rs. 40,000.00 = Rs.1,269.84

The overall loss of milkman was Rs.1269.84

Answer 2

Step-by-step explanation:

given :

• milkman sold two of his buffaloes = rs 20,000

• one he made a gain = 5 %

• on the other a loss = 10%

to find :

• Find his overall gain or loss = ?

solution :

• milkman buffalo. = 20,000

• gain of selling buffalo = 5 %

• cost price = rs 100

• selling price = rs 105

• one buffalo cost price = =2000x100/105= 19,047.62

• second buffalo sold in = 10%

• cost price = 100

• selling price = 90

• other buffalo cost price = =2000×100/90= Rs. 22222.22

• cost price = rs 19047.62 + 22222.22

• cost price = Rs 41269.84

• selling price = Rs 20000 + Rs 20000

• selling price = 40000

then we subtract

• Rs 41269.84 - Rs 40000 = Rs1269.84

hence ,

• milkman loss = Rs 1,269.84.