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.