7. A milkman sold two of his buffaloes for 20,000 each.On one he made

1.	7. 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 of10%. Find his overall gain or loss. (Hint: FindCP of each)
Answer» the Cp/of two Buffalo are20,000×10/10020,000/102,000 your answer must be 40000 cp of 1st Buffalo20000100/105=40000/21 cp of 2nd Buffalo20000100/90=200000/9 total cp(400000/21)+(200000/9)=41269.84 profit(loss)=sale price-cost 40000-41269.84 =1269.84 loss

7. 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 of10%. Find his overall gain or loss. (Hint: FindCP of each)

Answer»

the Cp/of two Buffalo are20,000×10/10020,000/102,000

your answer must be 40000

cp of 1st Buffalo20000*100/105=40000/21

cp of 2nd Buffalo20000*100/90=200000/9 total cp(400000/21)+(200000/9)=41269.84

profit(loss)=sale price-cost

40000-41269.84 =1269.84 loss