Structural and magnetic properties of Zn 0.8 (Fe 0.1 , Co 0.1 )O bulk diluted magnetic semiconductor have been investigated using X-ray diffraction (XRD) and magnetic measurements. TEM (Transmission Electron Microscopy) images confirmed the high crystallinity and grain size of Zn 0.8 (Fe 0.1 ,Co 0.1 )O powder, the samples were characterized by energy dispersive spectroscopy (EDS) to confirm the expected stoichiometry. This sample has been synthesized by co-precipitation route. The study of magnetization hysteresis loop measurements infers that the bulk sample of Zn 0.8 (Fe 0.1 ,Co 0.1 )O shows a well-defined hysteresis loop at T c (200 K) temperature, which reflects its ferromagnetic behavior. Hydrogenation treatment was used for the control of phase separation. Based on first-principles spin-density functional calculations, using the Korringa-Kohn-Rostoker method (KKR) combined with the coherent potential approximation (CPA), the ferromagnetic state energy was calculated and compared with the local-moment-disordered (LMD) state energy. The mechanism of hybridization and interaction between magnetic ions in Zn 0.8 (Fe 0.1 ,Co 0.1 )O is also investigated.