A milkman sold two of his buffaloes for ₹ 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)

Question

Harshit Singh · Answer

Dear Student

S.P. of each buffalo =₹20000
The milkman made a gain of 5% while selling one buffalo.
This means if C.P. is₹100, then S.P. is₹105.
C.P. of one buffalo =100/105 × 20000
=₹19,047.62
Also, the second buffalo was sold at a loss of 10%.
This means if C.P. is₹100, then S.P. is₹90.
∴C.P. of other buffalo =100/90 × 20000
=₹22222.22
Total C.P. =₹19047.62 +₹22222.22 =₹41269.84
Total S.P. =₹20000 +₹20000 =₹40000 Loss =₹ 41269.84 − ₹40000 =₹1269.84
∴ The overall loss of milkman was₹1,269.84

Thanks

Thank you for registering.

Register Now and Win Upto 25% Scholorship for a Full Academic Year !

Enter Your Details

Registration done!

Guest

A milkman sold two of his buffaloes for ₹ 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)

A milkman sold two of his buffaloes for ₹ 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)

1 Answers

Think You Can Provide A Better Answer ?

Other Related Questions on 8 grade maths

ASK QUESTION

Answer and earn gift vouchers

View courses by askIITians

Design classes One-on-One in your own way with Top IITians/Medical Professionals

Complete Self Study Package designed by Industry Leading Experts

Live 1-1 coding classes to unleash the Creator in your Child

a Complete All-in-One Study package Fully Loaded inside a Tablet!

Register Now & Win Upto 25% Scholorship

Thank you for registering.

Register Now and Win Upto 25% Scholorship for a Full Academic Year !

Enter Your Details

Registration done!

Guest

IIT JEE Courses

One Year IIT Programme

Two Year IIT Programme

Crash Course

NEET Courses

One Year NEET Programme

Two Year NEET Programme

One to One

School Board

Live Online classes

Class 11 & 12

Class 9 & 10

Class 6, 7 & 8

Test Series

JEE test series

NEET test series

C.B.S.E test series

Complete Self Study Packages

FULL COURSE

For class 12th

For class 11th

A milkman sold two of his buffaloes for ₹ 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)

A milkman sold two of his buffaloes for ₹ 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)

1 Answers

Think You Can Provide A Better Answer ?

Other Related Questions on 8 grade maths

ASK QUESTION

Answer and earn gift vouchers

View courses by askIITians

Design classes One-on-One in your own way with Top IITians/Medical Professionals

Complete Self Study Package designed by Industry Leading Experts

Live 1-1 coding classes to unleash the Creator in your Child

a Complete All-in-One Study package Fully Loaded inside a Tablet!

Register Now & Win Upto 25% Scholorship