Fazyab bought a buffalo for rs 10000and a cow for 7500 he sold the buffelo at aloss of 12 percent and the cow at gain of 2 percent find his total gain or loss percent
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C.P. of the buffalo = Rs.10000
C.P. of the cow =Rs.7500
S.P. of the buffalo = SP = [(100 + Gain%) / 100] * CP
=Rs.8800
S.P. of the cow = SP = [(100 + Gain%) / 100] * CP
=Rs.7650
Therefore,total S.P. = Rs.(8800+7650)
= Rs.16450
Total C.P. = Rs.(10000+7500)
= Rs.17500
Therefore it is loss as C.P.is bigger than S.P.
Loss = C.P - S.P
= Rs.(17500-16450)
= Rs.1050
Loss% = (loss÷C.P.) *100
= 6%
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