Question

Mr Mehta purchases two cows. He sells one of the cows at a profit of 5% and the other cow at a profit of 8%. If the selling price of both the cows is 10,000 each, find their respective cost prices. Also, find the total percentage of profit Mr Mehta earns in the transaction.​

Answer 1

Answer

6.5%

Step-by-step explanation:

price of two cows is 20000

first cow is 10000+500 = 10500

second cow is 10000+800 =10800

                                              21300

1300/20000*100= 6.5%