Question

a milkman sold two of his buffaloes for 20000 each on one he made a gain of 5% and one The Other a loss of 10 % find his gain or loss

Answer 1

given,

price for each buffalo= 20000

total cost = 40000

profit on first buffalo=5%

loss on second buffalo=10%

solution,

amount earned from first buffalo=20000 + 20000 x 5/100 = 21000

amount earned from second buffalo=20000 - 20000 x 10/100 = 18000

so, total amount earned = 21000 + 18000 = 39000

if total cost price > total selling price then it is a loss

so the milkman had a loss of 1000.