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Company
Numerical Ability
Profit and Loss
A Person buys a horse for 15 pounds, after one year he sells it for 20 pounds. After one year, again he buys the same horse at 30 pounds and sells it for 40 pounds. What is the profit for that person?
option
(a) 20 pounds
(b) 15 pounds
(c) 25 pounds
(d) 10 pounds
Read Solution (Total 8)
-
- Total CP= 15+30=45
Total SP=20+40=60
Profit 60-45=15 - 11 years agoHelpfull: Yes(6) No(0)
- i think it may be 15pounds
- 11 years agoHelpfull: Yes(3) No(0)
- 40+20-(15+30)=15 b
- 11 years agoHelpfull: Yes(1) No(0)
- 5+10=15 pounds
- 11 years agoHelpfull: Yes(1) No(1)
- cp=15pounds
sp=20pounds
after 2yr cp=30pounds
sp=40pounds
so,totally gain is 1st transaction 5pounds; 2nd transaction 10pounds
%profit=(15/60)*100
%profit=25pounds - 11 years agoHelpfull: Yes(0) No(11)
- firstly c.p=15 s.p=20 so profit=20-15=5
after 1yr c.p=30 s.p=40 so profit =40-30=10
so the tot profit=10+5=15 ans - 11 years agoHelpfull: Yes(0) No(1)
- total cost price 15+30=45
total selling price 20+40=60
total profit 15
- 11 years agoHelpfull: Yes(0) No(0)
- total profit = 1st year profit + second year profit=(s.p1-c.p1+sp2-c.p2)
15-10+40-30= 15 pound
- 11 years agoHelpfull: Yes(0) No(0)
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