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

Answer:

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