Farmer brown raised 114 goats and then entered into a series business transactions. he traded all the goats for sheep at an exchange rate of 6 goats for 11 sheep. next he exchanged all the sheep for hogs at a rate of 5 sheep for 8 hogs. each hog weighted 295 lbs each. he sold all the hogs at market price of 82$ per 100 lbs. how much money did he make from his 114 goats?
Solution:
1) Farmer traded goats for sheep:
- 6 goats correspond 11 sheep
- 114 goats correspond x sheep
by proportion
then, farmer had 209 sheep after first exchange.
2) Farmer traded sheep for hogs:
- 5 sheep correspond 8 hogs
- 209 sheep correspond y hogs
by proportion
then, farmer had 334 hogs after second exchange.
3) Than, total weight of hogs is lbs, which is equal to $
Answer: Farmer makes 80 794.6 $ from his 114 goats.
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