Question

A milkman sold two of his buffaloes for Rs.20000 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

given cost of buffaloes = Rs 20000 each Gain on one buffalo = 5% Recall selling price, = Rs 21,000 Loss on second buffalo = 10% Recall selling price, = Rs 18,000 Total cost price = Rs 40,000 Total selling price = Rs 21,000 + Rs 18,000 = Rs 39,000 Since total cost price < total selling price, we get a loss Overall loss = Rs 40000 – Rs 39000 = Rs 1000

Answer 2

$\frac{hello}{here \: is \: your \: answer}$



SP OF BAFFALOES =40000

$cp = \frac{100 \times sp}{100 + profit\%}$

$\frac{100 \times 20000}{100 + 5}$

$\frac{100 \times 20000}{150}$

$= 19047.62$

SELLING PRICE OF 2nd BAFFALOES =20000

$loss = 100\%$

$cp = \frac{100 \times sp}{100 - loss}$

$cp = 2222222$

SELLING PRICE OF BOTH BUFFALOES=

$20000 \times 2$

$40000$

CP OF 1st BUFFALO + CP OF 2nd BUFFALO

$19047.62 + 2222222$

$= 41269.84$

$cp > sp$

$cp - sp$

$41269.84 - 40000$

$= 1269.84$

$\frac{thanks}{hope \: you \: like \: my \: answer}$