Why do we take CP in Question N0 7 of Exercise 8.2

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Solution

Question 7: A milkman sold two of his buffaloes for Rs 20,000 each. On one he made a gain of 5% and on the other a loss of 10%. Find his overall gain or loss.

Answer: Suppose the CP of each buffalo = 100
After 5% profit, SP = 105
After 10% loss SP = 90

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