NCERT Exemplar Solutions
Class 7 - Mathematics - Unit 7: Comparing Quantities - Multiple Choice QuestionsQuestion 12
Class 7 - Mathematics - Unit 7: Comparing Quantities - Multiple Choice Questions
Question. 12
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)
(a) loss of ₹ 200
(b)
(b) profit of ₹ 400
(c)
(c) loss of ₹ 400
(d)
(d) profit of ₹ 200
Detailed Answer with Explanation:
Buffalo loss = \(5\% \times 44000 = 2200\). Cow profit = \(10\% \times 18000 = 1800\). Net = \(2200 - 1800 = 400\) loss.