Question

A farmer bought a buffalo for ₹ 44000 and a cow for ₹ 18000. He sold the buffalo at a loss of 5% but made a profit of 10% on the cow. The net result of the transaction is ______.

Options

• loss of ₹ 200

• profit of ₹ 400

• loss of ₹ 400

• profit of ₹ 200

Answer 1

A farmer bought a buffalo for ₹ 44000 and a cow for ₹ 18000. He sold the buffalo at a loss of 5% but made a profit of 10% on the cow. The net result of the transaction is loss of ₹ 400.

Explanation:

C.P. of buffalo = ₹ 44000

Loss% = 5%

∴ Loss = `5/100 xx 44000` = 2200

∴ S.P. of buffalo = 44000 – 2200 = ₹ 41800

C.P. of cow = ₹ 18000

Profit % = 10%

∴ Profit = `10/100 xx 18000` = 1800

∴ S.P. of cow = 18000 + 1800 = ₹ 19800

Now, C.P. of both buffalo and cow

= 44000 + 18000

= ₹ 62000

S.P. of both buffalo and cow

= 41800 + 19800

= ₹ 61600

∴ Loss = 62000 – 61600 = ₹ 400