A farmer bought a buffalo for 44000 and a cow for 18000 He sold the buffalo at a loss of 5 but made ...

Question

A farmer bought a buffalo for 44000 and a cow for 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 a loss of 200 b profit of 400 c loss of 400 d profit of 200

Accepted Answer

c loss of 400 From the question it is given that Cost price of cow 18000 Profit percent on cow 10 We know that Profit percent ProfitCP 100 10 Profit 18000 100 10 18000100 Profit Profit 10 180 Profit 1800 Then Profit SP CP 1800 SP 18000 SP 1800 18000 SP of cow 19800 Cost price of buffalo 44000 He sold the buffalo at a loss of 5 We know that Loss percent lossCP 100 5 loss44000 100 5 44000100 loss Loss 5 440 Loss 2200 Loss CP SP 2200 44000 SP SP 44000 2200 SP of buffalo 41800 Now Total cost price of both buffalo and cow 44000 18000 62000 Total selling price of both buffalo and cow 41800 19800 61600 Selling price of both buffalo and cow is less when compare to cost price So Loss CP SP 62000 61600 Loss 400

NCERT Exemplar Solutions Class 7 Mathematics Solutions for Comparing Quantities - Exercise in Chapter 7 - Comparing Quantities