Question

Tarun bought a buffalo in Rs. 20,000 and a cow for 15,000 if he sold the buffalo on the loss of 15% and on cow he has a gain of 20%. Find his loss or gain %

Answer 1

Answer:

0% because there is neither gain nor loss.

Step-by-step explanation:

CP of buffalo = Rs.20,000

Loss = 15%

Hence, SP of buffalo = 85/100 * 20,000 = Rs.17,000

CP of cow = Rs.15,000

Gain = 20%

Hence, SP of cow = 120/100 * 15000 = Rs.18,000

Total CP = Rs.(20,000 + 15,000) = Rs.35,000

Total SP = Rs.(17000 + 18000) = Rs.35,000

CP = SP

Hence, there is neither gain nor loss.