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1. Ms. Zareen purchased stock for Tk. 15,000 and 2/3 of it after its value doubled. She sold the remaining stock at 5 times its purchase price , what was her total profit?

  • A. Tk. 15,000
  • B. Tk. 15,000
  • C. Tk. 15,000
  • D. Tk. 15,000

Answer: Option D

Explanation:

Original price:

2/3 of stock = 10000

1/3 of stock = 5000

 

Sale price:

2/3 doubled = 2*10000 = 20000

1/3 quintupled = 5*5000 = 25000

 

Total profit = Total selling price - Total purchase price of stock =

(20000 + 25000) - (10000 + 5000) = 45000 - 15000 = 30000 tk


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