A man bought a motor cycle for Rs. 16000, sold it Rs. 17000, then bought it back for Rs. 18000, and finally sold it for Rs. 19000. How much did he make or lose on this series of transactions?
He made a profit of Rs. 1000 twice, in total Rs. 2000
2000 rupees profit
The man spent Rs. 16,000 + Rs. 18,000 = Rs. 34,000/- and receivef Rs. 17,000 + Rs. 19,000 = Rs. 36,000/-. Hence, he made a profit of Rs. 36,000 - Rs. 34,000 = Rs. 2,000/-..
An investor trading through a discount stock broker that charges $10.00 Dollars per transaction bought 200 shares of Vola Tile Corporation at $50.00 Dollars per share. The stock quickly increased in value by 50%, but then lost 40% of its value. The investor sold the stock. How much money did the investor gain or lose?
My friend collects postage stamps. She purchased two, but found that she needed to raise money urgently. So she sold them for INR 8000 each. On one she made 20% and on the other she lost 20%.
How much did she gain or lose in the entire transaction?
A man walked to a store with a fake 1000 note. He changed the note to two 500 notes from the sales attendant. He later went back to the attendant to pay for a 300 worth of goods using one of the 500, and collected 200. How much did the store lose?
Frank decides to invest in cryptocurrency. He pays $22000 for it. After one day, the cryptocurrency value has increased to $23000 and so Frank decides to sell it. But the next day he regrets his decision and he buys it again. Unfortunately, at a higher price and has to pay $24000 to get it back, so he loses $1000. The very next day, he sells the cryptocurrency for $25000.
Did he make any overall profit? If yes, How much?
Jatin travels a distance of 100 km in 5 hours. How much faster in kilometer per hour, on an average, must he travel to make a journey in 5/3 hour less time?
