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Answers
Answer:
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Answer:
5% Loss.
Step-by-step explanation:
No. of Buffaloes milkman sold = 2
Cost of each Buffalo = 20,000
On the first Buffalo, He made a profit of 5%.
This means he sold the buffalo at the cost of :-
=5/100 × 20,000
=1000
So, He sold the Buffalo at the cost of = 20,000 + 1,000
= 21,000
So, He made a profit of 5% which is equal to 1000.
On the second Buffalo, He made a loss of 10%.
This means he sold the buffalo at the cost of :-
=10/100 × 20,000
= 2000
So, He sold the Buffalo at the cost of = 20,000 - 2,000
= 18,000
So, He made a loss of 10% which is equal to 2000.
Total Loss/Profit = Total Profit - Total Loss
= 5% - 10% or 1000 - 2000
= -5% or -1000
He made a loss of 5% which is equal to Rs. 1000.