Question

15. A man bought 5 cows for 60000. He sold two of them at 15000 each. He sold the third cow for 16000 and the fourth one for 10 000. He kept the fifth cow for himself. Find his profit or loss per cent in this business.​

Answer 1

Answer:

1st cow CP = 60000/5 =12000

4 cow sp =10000+16000+15000+15000

=56000

4 cow CP =12000×4 =48000

profit =56000-48000=8000

profit %=8000/48000×100 =16.67%

Answer 2

Answer: 16.67%

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