A milk man sold 2 of his cows for 20000 each. On one he made 5% profit and on the other slots of 10%.Find the overall gain or loss.
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A milk man sold 2 of his cows for 20000 each. On one he made 5% profit and on the other slots of 10%.Find the overall gain or loss.
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therfore amount at which it was sold = 21000 rupees
Profit on the second cow = 20000 * 10 /100 = 2000 rupees therefore
amount at which it was sold = 22000
total selling price = 43000 rupees
therfore sum of original selling price = 2 * 20000 = 40000
therefore difference between current sp - original sp = 43000 - 40000 = 3000
there was a profit of 3000 rupees