Question

Ann bought 4000 of a company stock, she sold 75% of it when the value doubled and the remainder four times the purchase price. What was her total profit

Answer 1

Answer:

6000

Step-by-step explanation:

let the total number of stocks = 100

total c.p of stocks= Rs 4000 & purchase price of each stock=4000/100 = Rs 40

stocks sold at double price =75% of 100

= 75 & collection of 75 stocks =75 × 80 =6000

remaining stocks & their value

= 25 × 4×40 = 4000

her total profit =(6000+4000)-4000

= Rs 6000