a milkman sold two of his buffaloes for rupees 20000 each. On one he made a gain of 5 person and on the other a loss of 10% find his overall gain or loss.
Answers
SP 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 =2000×100/105= 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 =2000×100/90= 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 = Rs1269.84
Ans,- ,the loss of milkman is, Rs 1,269.84.
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Buffalo = Rs 20000
The milkman gain of 5% for selling one buffalo
That means if C.P = Rs 100
S.P = 105.
C.P. of one buffalo =
Rs 19,047.62
Second buffalo was sold at a loss of 10%.
If C.P = 100, then S.P = 90.
C.P. of other buffalo =
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
Rs1269.84