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)
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.
= Rs. 19047.62
Total C.P. = Rs.19,047.62 + Rs.22,222.22
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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