Mr. Tanvir purchased stock for Tk. 1,500 and sold 2/3 of it after its value doubled. He sold the remaining stock at 5 times its purchase price. What was his total profit on the stock?

Question

Mr. Tanvir purchased stock for Tk. 1,500 and sold 2/3 of it after its value doubled. He sold the remaining stock at 5 times its purchase price. What was his  total profit on the stock?

Satt Academy · Accepted Answer

Tk. 3000 -

Original price:

2/3 of stock = 1000

1/3 of stock = 500

Mr. Tanvir purchased stock for Tk. 1,500 and sold 2/3 of it after its value doubled. He sold the remaining stock at 5 times its purchase price. What was his total profit on the stock?

লাভ-ক্ষতি (Profit and loss) টপিকের বিষয়বস্তুঃ

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