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
Buffalo loss = \(5\% \times 44000 = 2200\). Cow profit = \(10\% \times 18000 = 1800\). Net = \(2200 - 1800 = 400\) loss.