A milkman sold two of his buffaloes for Rs. 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.
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Answer:
Gain=1000
Step-by-step explanation:
For the first buffalo
Gain=5%
Gain=100+Gain% ×SP
100
105×20000
100
=₹21000
2nd Buffalo
Loss = 10%
Loss=100-Loss%×SP
100
90×20000=18000
100
Total=41000
Profit = 41000-40000(20000×2)(SP>CP)
=1000
Profit =1000
Hope it helps!
(I was able to put the divide bar(vinculum) because I underlined the number to show fractions properly)
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