ms.pande purchased stock for ₹1500 and sold 2/3 of it after its value doubled. she sold the remaining stock at 5 times it's purchase price. what was her total profit on the stock.
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Answer:
3000
Step-by-step
Cost price 1 = 1500
Cost price 2 = 3000(doubled stock value)
Selling price 1 =2000
Remaining stock before doubling = 500
Remaining stock sold at 5x the cp1= 500x5=2500
Total sp= 2000+2500=4500
Total CP= 1500
Profit =4500-1500= 3000
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