1.A person buys a horse for ₹ 1,50,000. After one year, he sells it for ₹ 2,00,000. After one year, again he buys the same horse for ₹ 3,00,000 and sells it for ₹ 4,00,000. What is the overall profit percentage for that person over both the transactions [write your answer to the nearest integer]
5 Answers
Subham · 2026-10-09 · 2 helpful
33 %
Omkar · 2026-10-09 · 2 helpful
I can understand where the confusion is coming from. Just ignore the difference between his old selling price (2L) and new cost price (3L). Treat these 2 as separate transactions or think of it like he's buying 2 different horses.
So your overall CP = Rs. 1.5 + 3L = 4.5L Overall SP = Rs. 2L +4L = 6L Profit is Rs. 15L Proft % = 15/45*100 = ~33%