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Mains Answer Writing Latest Questions

Pakhi Kapadia
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Asked: 2024-10-09T17:24:08+05:30 In:

A man buys an old car for 15,000 and after one year sells it for 20,000. After six months, again he buys the same car at ₹ 35,000 and sells it for 40,000. What is the overall profit percent for that man over both the transactions? [Answer Limit: 20 words] [UKPSC 2023]

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A man buys an old car for 15,000 and after one year sells it for 20,000. After six months, again he buys the same car at ₹ 35,000 and sells it for 40,000. What is the overall profit percent for that man over both the transactions? [Answer Limit: 20 words] [UKPSC 2023]

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1 Answer

  1. Ameya Srivastava
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    The overall profit percent is approximately 33.33%, with a total profit of ₹ 5,000 on a total cost of ₹ 15,000.

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