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.
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Answer:
profit
Step-by-step explanation:
CP:
cows man bought = 5 cows
rupees he paid = 60000
for each cow = 60000/5. = 12,000
SP:
each cow = 15000
two cows = 15000×2 = 30000
third cow cost = 16000
fourth cow cost = 10000
CP of 4 cows = 12000 × 4 = 48,000
SP of. 4 cows = 30000+10000+12000= 52,000
profit = 52000 - 48000 = 4000
profit % = (4000/48000) × 100 =25/3 %
= 8.33333333333%
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