Question

A man decided to buy a horse for $600$. After a year, he sells it for $700$. He buys it again for $800$ and finally sells the horse for $900$. What is the overall profit the man makes?

• A. Rs. $400$
• B. Rs. $300$
• C. Rs. $200$
• D. Rs. $100$

Answer 1

The correct option is C Rs. $200$

First time :

C.P=Rs. $600$

SP=Rs. $700$

Profit$=700-600=Rs.100$

Second Time:

C.P=Rs. $800$

S.P=Rs. $900$

Profit$=900-800=Rs100$
Overall profit$=100+100=Rs.200$