# A milkman sold two of his buffaloes for Rs 20000 each.One made a profit of 5% and the other made a loss of 10%. Find the overall profit or loss.(Hint: find Cost Price of each.).

1
by laura

Log in to add a comment

by laura

Log in to add a comment

cost of second = 20000 x 100/90

total cost = 20000( 100/105 + 100/90)

profit/ loss = 40000 - 20000( 100/105 +100/90)

= 20000 (2- (600+700)/630)

= 20000 x (1260-1300)/630 = -80000/63= -1269.8 (loss) or -3.17%