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Steps

Go to the cow pen in Lumbridge. It's on the right hand side of the river.

Kill the cows and pick up the cowhides that they drop.

Repeat this until your inventory is full.

Bank everything in the Lumbridge bank. It's located on the 3rd floor of the Lumbridge castle.

Go over to Al Kharid and tan the cowhides at the tanner. This increases the value of the cowhide by 40gp.

Repeat the above steps.

Sell the leather at the Grand Exchange, or to a player on the forums.
Beefy Bill Method

Go to the Beefy Bill Cow area. It's above the windmill north of lumbridge.

Kill the cows and pick up the cowhides that they drop.

Repeat this until your inventory is full.

Click on a cowhide and then on billy. He's walking in that area. He'll bank the hides for you but he will keep 3. So from every inventory, you'll get 25 hides. Because you don't have to run back to a bank, it makes much more money in the same amount of time.

You can than tan the hides in Al Kharid or you can just sell them. That depends of the GE prices.
Grand Exchange Method

Go to the Grand Exchange and buy 1000 cowhides. Be sure to check the price, as it does change every now and again due to popularity.

Go to Al Kharid and tan all of them into leather or hard leather.

Go back to the Grand Exchange and sell all of your leather.
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