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Kisna buys a cow for Rs15,000. After one year, he sells it for Rs18,500. After one year, again he buys the same cow at Rs19,000
and sells it for Rs22,300. What is the overall profit percentage of Kisna?
18%
10%
20%
15%
Let's break down Kisna's transactions and calculate his overall profit percentage:
- First transaction:
- Bought for Rs 15,000 and sold for Rs 18,500.
- Profit = Rs 18,500 - Rs 15,000 = Rs 3,500.
- Second transaction:
- Bought again for Rs 19,000 and sold for Rs 22,300.
- Profit = Rs 22,300 - Rs 19,000 = Rs 3,300.
- Total Profit:
- Rs 3,500 (first transaction) + Rs 3,300 (second transaction) = Rs 6,800.
- Total Investment:
- Rs 15,000 (first purchase) + Rs 19,000 (second purchase) = Rs 34,000.
- Overall Profit Percentage:
- \(\frac{6800}{34000} \times 100 = 20\%\)
- Correct Option:
- ? Option 3: 20%
By: santosh ProfileResourcesReport error
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