A milkman sold two of his buffaloes for ₹20,000 each. On one he made a gain of 10% and on the other a loss of 10%. Find the overall gain or loss. (Hint: Find CP of each)
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Answer:
Total Cost price = Rs 41269.84
Total selling price = Rs 40,000
Loss = Rs 1269.84
Step-by-step explanation:
Sp of buffalo1 = Rs 20,000
Gain =5%
So, Cost price of buffalo1 =
105
100
×20,000= Rs. 19047.62
SP of buffalo2 = Rs 20,000
Loss =10%
Cost price of buffalo2 =
90
100
×20,000= Rs 22,222.22
Total Cost price = Rs 41269.84
Total selling price = Rs 40,000
Loss = Rs 1269.84
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