Advertisements
Advertisements
Question
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)
Advertisements
Solution
S.P. of each buffalo = Rs 20000
The milkman made a gain of 5% while selling one buffalo.
This means if C.P. is Rs 100, then S.P. is Rs 105.
C.P. of one buffalo = Rs `(20000 xx 100/105)` = Rs 19,047.62
Also, the second buffalo was sold at a loss of 10%.
This means if C.P. is Rs 100, then S.P. is Rs 90.
∴C.P. of other buffalo = Rs `(20000 xx 100/90)` = Rs 22222.22
Total C.P. = Rs 19047.62 + Rs 22222.22 = Rs 41269.84
Total S.P. = Rs 20000 + Rs 20000 = Rs 40000
Loss = Rs 41269.84 − Rs 40000 = Rs 1269.84
Thus, the overall loss of milkman was Rs 1,269.84.
RELATED QUESTIONS
Amina buys a book for ₹ 275 and sells it at a loss of 15%. How much does she sell it for?
Rekha bought a saree for Rs 1240 and sold it for Rs 1147. Find her loss and loss percent.
Harbhajan Singh bought 500 kg of rice for 22000 rupees and sold it all at the rate of Rs. 48 per kg. How much profit did he make?
If selling an article for ₹ 820 causes 10% loss on the selling price, then find its cost price.
40% of [100 – 20% of 300] is equal to ______.
Ashima sold two coolers for Rs 3,990 each. On selling one cooler she gained 5% and on selling the other she suffered a loss of 5%. Find her overall gain or loss % in whole transaction.
If 90% of x is 315 km, then the value of x is ______.
John sells a bat for ₹ 75 and suffers a loss of ₹ 8. The cost price of the bat is ______.
Nasim bought a pen for ₹ 60 and sold it for ₹ 54. His ______ % is ______.
A vendor purchased 720 lemons at ₹ 120 per hundred.10% of the lemons were found rotten which he sold at ₹ 50 per hundred. If he sells the remaining lemons at ₹ 125 per hundred, then his profit will be 16%.
