Question

A milkman sold two of his buffaloes of rupees 20000 each. On one he gain 5% and another a loss of 10%. Find his overall loss or gain.

Answer 1

Step-by-step explanation:

cost of 1st buffalo = 20000×105/100 (100+5)

200×105

21000

cost of second buffalo=20000×90/100( 100-10)

200×90=18000

total=39000

loss=1000

loss%=1000/40000×100 (cost of 2 buffaloes)

1,00,000/40,000

2.5%