Question

A man purchased 7 cow for rs 378. what is the cost of each ?if he sells all the seven cows at rs 60 each ,what will be the total amount of profit?

Answer 1

Answer:

The profit earned is Rs. 42.

Step-by-step explanation:

The cost price of 7 cows is, Rs. 378.

Compute the cost of 1 cow as follows:$\frac{378}{7}=Rs.\ 54$

The cost price of each cow is Rs. 54.

The selling price of 1 cow is, Rs. 60.

Then the selling price of 7 cows is, $60 \times 7=420$

The selling price of 7 cows is Rs. 420.

Compute the profit earned as follows:

$Profit=SP-CP\\=420-378\\=42$

Thus, the profit earned is Rs. 42.