Q1. A milkman buys two cows for Rs. 750. He sells first cow at a profit of 22% and the second cow at a loss of 8%. What is the SP of second cow if in the whole transaction there is no profit no loss? (a) Rs. 312 (b) Rs. 506 (c) Rs. 484 (d) Rs. 532 (e) None of these
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None of these is the right answer. The milkman sells first cow at a profit of 22% and second cow at a loss. But, he never had a profit because of his poor investment.
Therefore, there is no profit no loss in his cow selling. He made whole transaction that is consider as second cow and denotes the transaction made it right.
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