A milkman sold two of his buffaloes for Rs. 20,000 each. On one he made a gain of 5%
Solution:
Sp of buffalo1=Rs20,000 Gain=5% Let cp of buffalo1 be x Then, x+5% of x=20000 x+0.05x=20000 1.05x=20000 x=20000/1.05 x=19047.62 Cp=Rs19047.62 Gain=20000-19047.62=952.38