1.

A farmer bought a buffalo for Rs. 64000 and a cow for Rs.27000. He sold the buffalo at a profit of 8% but made a loss of 18% on the cow. The net result of the transactions is _______.

A. 0.29% profit
B. 0.34% loss
C. 1.2% profit
D. 1.2% loss
E. None of these
Answer» B. 0.34% loss


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