Question
A farmer sells two cows at ₹5000 each. On one, he
gains 25%, and on the other, he loses 20%. Find his overall profit or loss.Solution
Cost price of first cow = 5000 × 100/125 = ₹4000. Cost price of second cow = 5000 × 100/80 = ₹6250. Total cost price = 4000 + 6250 = ₹10250. Total selling price = ₹10000. Loss = 10250 - 10000 = ₹250. Correct option: c
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