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.(Find CP of each).
Answers
Answered by
15
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
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
Similar questions