A art dealer paid rs 70 for a paintingthen sold it for rs 80 he bought it back for rs 90 and sold it again for rs 100 how much money did he make
Answers
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Answer: profit of Rs 10
Step-by-step explanation:
Answered by
0
The answer is Rs 20
GIVEN
Art dealer paid rs 70 for a paintingthen sold it for rs 80 he bought it back for rs 90 and sold it again for rs 100.
TO FIND
How much money did he make?
SOLUTION
We can simply solve the above problem as follows;
It is given that an art dealer paid Rs 70 for a painting then sold it for Rs 80 he bought it back for Rs 90 and sold it again for Rs 100.
Total cost price of the painting = 70 + 90 = Rs 160
Total Revenue = 80 + 100 = Rs 180
Net income = Revenue - Total Cost price
= 180-160
= Rs 20
Hence, The answer is Rs 20
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