Solution:
we are given that
A farmer raised 60 goats, then entered into a series of business transactions. He traded all the goats for sheep at an exchange rate of 5 goats for 7 sheep.
since [tex]\frac{60}{5}= 12[/tex]
It mean he get [tex]12*7=84[/tex] ships in exchange.
Next, he exchanged all the sheep for hogs at a a rate of 4 sheep for 2 hogs weighing 250 lbs.
Again [tex]\frac{84}{4}=21[/tex]
It mean he get [tex]21*2=42 [/tex] hogs in exchange.
Each weighing 250 lbs.
So Total weight of 42 hogs[tex]=42*250=10500[/tex] lb
He sold all the hogs at a market price of $55.00 per 100.0 lbs.
Again [tex]\frac{10500}{100}=105[/tex]
So he get [tex]105*55=5775[/tex] $
So total money he made =5775$
