A farmer bought a buffalo for Rs 44000 and a cow for Rs 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
Given, cost price of buffalo is 44000 and cost price of cow is 18000
Buffalo sold at Loss% = 5%
And profit% for cow is 10%
Need to find out the net transaction
⇒ We know that Loss% =
× 100
⇒ 5 =
× 100
⇒ Loss = 5 × 440
= 2200
⇒ SP = Cp-loss = 44000-2200
= 41800
⇒ we know that profit% = 10%
⇒ Profit% = ![]()
⇒ 10 =
× 100
⇒ Profit = 1800
⇒ we know that SP = CP + Profit = 18000 + 1800 = 19800
⇒ total cost of both the animals is 44000 + 18000 = 62000
⇒ Total SP of both the animals is 41800 + 19800 = 61600
Net loss = cp-sp = 62000-61600 = 400
⇒ Option A is incorrect as loss of 200 ≠ loss of 400
⇒ Option B is incorrect as profit of 400 ≠ loss of 400
⇒ Option C is correct as loss of 400
= loss of 400
⇒ Option D is incorrect as profit of 200 ≠ loss of 400
Hence, option C is the correct one.
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