Question

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.​

Answer 1

S.P. of each 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 = $(20000 \times \frac{100}{105})$

= 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 = $(20000 \times \frac{100}{90} )$

= 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 = Rs 1269.84

Thus, the overall loss of milkman was Rs 1,269.84.

Answer 2

tHe aNsWeR Of ThE QuEsTiOn iS 1,269.84

$.$