Question

A milkman sold two of his buffaloes for Rs20,000 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:

Step-by-step explanation:

Let cost of 1 buffalo=x

let cost of 2nd buffalo=y

Cost + gains=20,000

x+5/100x=20,000

21/20x=20,000

x=4,00,000/21

Cost - loss =20,000

x-1/10y=20,000

9/10y=20,000

y=2,00,000/9

overall gain or loss= 4,00,00021⋅5100−2,00,0009⋅10100

=20,000/21=20,000/9

=-1269.84

He is in loss of 1269.84 Rs.

Answer 2

Answer:

1000 profit in first selling

and loss of 2000 is second

overall he loss his 1000