Q. 74.1( 365 Votes )

# A milkman sold two of his buffaloes for Rs 20,000 each. On one he made a gain of 5% and on the other a loss of 10%. Find his overall gain or loss. (Hint: Find CP of each)

Answer :

Given:

S.P. of each buffalo = Rs.20,000

S.P. of two buffaloes = Rs 40000

One buffalo is sold at 10% loss.

C.P. of one buffalo which i sold at a loss of 10% =

=

=

= Rs. 22222.22

Another buffalo is sold at 5% gain.

C.P. =

=

=

= Rs. 19047.62

Total C.P. = Rs.19,047.62 + Rs.22,222.22

= Rs.41,269.84

Since C.P. >S.P.

Therefore here it is loss.

Loss = C.P. – S.P.

= Rs.41,269.84 – Rs. 40,000.00 = Rs.1,269.84

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