Welcome to Westonci.ca, your ultimate destination for finding answers to a wide range of questions from experts. Join our Q&A platform to get precise answers from experts in diverse fields and enhance your understanding. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

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.

Sagot :

Selling price of 1st buffalo +Selling price of 2nd buffalo=20000
profit for 1st buffalo=0.05 of cost price of 1st buffalo
loss for 2nd buffalo=0.1 of cost price of 2nd buffalo
1.05(cost price of 1st buffalo)+(0.9)cost price of 2nd buffalo=20000
the buffalo must cost must be same = x (say)
1.05x+0.9x=20000
1.95x=20000
x=10256.41
2x=20512.82
profit=20512.82-20000=512.82
profit %=2.56410 %