# A milkman sold two of his buffaloes for ` 20,000 each. On onehemadeagainof5%andontheotheralossof10%. Find his overall gain or loss. (Hint: Find CP of each)

2
by pipinkearchetaferwal

2015-10-31T16:53:32+05:30
Hi there,
lets take the cp of  the  buffaloes be 100
therefore  after 5% profit =105(buffaloe 1)
therefore after the loss =90 (buffaloe 2)
cp of buffaloe 1=100/105*20000=20*20/21=
cp of buffaloe 2=100/90*20000=200000/9
net loss=200000/9-200000
=2222.22
overall profit /loss=19.04-2222.22=-2203.18
therefore the loss is 2203.16.
i hope this helps u..
2015-10-31T16:55:56+05:30
The Selling price of the one buffalo is Rs 20000
The Gain Percentage = 5%
Gain = 20000 * 5/100
= 1000
therefore, the cost price = sp - gain
= 20000 - 1000
=  19000
The Selling price of the other  buffalo is Rs 20000
The loss Percentage = 10%
loss = 20000 * 10/100
= 2000
therefore, the cost price = sp + loss
= 20000 +  2000
=  22000
so, overall gain or loss = total selling - total cost price
=  (20000 + 20000) - (19000 + 22000)
= 40000 - 41000
=  -1000 (loss)