A milkman sold two ofhis buffaloes for Rs.25,920each. On one he made a gain of 8% and on the other a loss of 4%. Find his overall gain or loss.
Answers
Answer:
= Rs. - 25,693.7699
Step-by-step explanation:
Given:-
Selling Prince of buffalos = 30000 each
On one he made a gain on 10%
On other a loss of 5%.
To Find:-
Overall gain or loss
Solution:-
S.P of each buffalo = Rs.30000
S.P of two buffaloes = 30000 × 2
= Rs. 60,000
One buffalo is sold at 10% gain.
Let C.P. be Rs. 100, then S.P. = 100 + 10
= Rs. 110
∵ When S.P. is Rs.110, then C.P. = Rs. 100
∵ When S.P. is Rs. 1 then C.P. = 100/110
∵ When S.P. is Rs. 30000, then C.P.
Another buffalo is sold at 5% loss
Let C.P. be Rs. 100, then S.P. = 100 - 5
= Rs. 95
∵ When S.P. is Rs. 95, then C.P. = Rs. 100
∵ When S.P. is Rs. 1, then C.P. = 100/95
∵ When S.P. is Rs. 30000, then C.P.
Total C.P. = Rs. 2727.272727 + Rs. 31,578.94737
= Rs. 34,306.2201
Since, C.P. > S.P.
Therefore here it is a loss.
Loss = C.P. - S.P.
= Rs. 34,306.2201 - Rs. 60,000
= Rs. - 25,693.7699