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A Man bought a goat at 60k

He sold it at 70k
He bought it again at 80k
Later sold it at 90k. How much profit did he make

User Ygbr
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1 Answer

1 vote

Answer:

20,000

Explanation:

To calculate the profit made by the man, we need to find the difference between the total selling price and the total buying price.

Given:

First buying price = 60,000

First selling price = 70,000

Second buying price = 80,000

Second selling price = 90,000

First transaction profit:

Profit = First selling price - First buying price

Profit = 70,000 - 60,000

Profit = 10,000

Second transaction profit:

Profit = Second selling price - Second buying price

Profit = 90,000 - 80,000

Profit = 10,000

To find the total profit, we add the profit from each transaction:

Total profit = Profit from first transaction + Profit from second transaction

Total profit = 10,000 + 10,000

Total profit = 20,000

Therefore, the man made a profit of 20,000.

User Afternoon
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