Potassium permanganate KMnO4is an oxidizing agent which exists as a purple colour solution.
In acidic medium, when KMnO4 is added to oxalic acid, it oxidizes oxalic acid to CO2 and itself gets reduced to Mn2+
The colour of KMnO4 disappears due to the formation of Mn2+ ions which are colourless. The reaction is as follows:
2MnO4−+5C2O42−+16H+→2Mn2++8H2O+10CO2
MnO4−: coloured
Mn2+: colourless