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Answer :
To find the SP of the second cow, we calculate it based on no overall profit or loss, considering the sale of the first cow at 22% profit and the initial combined cost price of Rs. 1140.
Calculate the selling price of the second cow after the milkman sells the first cow at a profit and the second cow at a loss to break even.
Let's calculate the cost of the two cows bought by the milkman:
- Cost of first cow = 3000 * (1/2) = Rs. 1500
- Cost of second cow = 3000 * (1/2) = Rs. 1500
Next, let's calculate the selling prices:
- SP of first cow = 1500 + 1500 * 0.22 = Rs. 1830
- Let x be the SP of the second cow: 1500 - 1500 * 0.08 + x = 1830
- Solving for x, we get x = Rs. 1140
Therefore, the selling price of the second cow is Rs. 1140.
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