Question

A woman buys a sheep for $100. She sells the sheep for $150. She then buys the sheep back for $200, and she sells the sheep again for $250. In the end, how much money did the woman make or lose? Or did she break even?

Answer 1

to find gain or loss , we find

total cp = $ 100 + $ 200 = $300

total sp = $ 150 + $ 250 = $ 400

now sp is greater

so, sp - cp = $400 - $ 300 = $ 100

there is a gain of $ 100

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