Question

sameer purchase a two new cows for rupees 18000 and rupees 15000 respectively. he sold them at loss of 15 % and at a gain of 19 % respectively. find the selling price of each cows. also find the overall gain or loss percent in the transaction?

Answer 1

C.P. of first cow=18000
C.P. of second cow=15000
Overall C.P.=33000
Loss at first cow=15/100*18000=2700
i.e.
S.P. of first cow=15000-2700=12300
Gain at second cow=19/100*15000=2850
i.e.
S.P. of second cow=15000+2850=17850
Overall S.P.=32850
As,C.P>S.P
Sameer had loss
Loss=33000-32850
=150
Loss%=150/33000*100
2.2% Ans.