Horse

Written on 1:00 am by Vja Students

A man decides to buy a nice horse. He pays Rs600 for it, and he is very content with the strong animal. After a year, the value of the horse has increased to Rs700 and he decides to sell the horse. But already a few days later he regrets his decision to sell the beautiful horse, and he buys it again. Unfortunately he has to pay Rs800 to get it back, so he loses Rs100. After another year of owning the horse, he finally decides to sell the horse for Rs900. What is the overall profit the man makes?


Ans:Rs200

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6 Comments

  1. Anonymous | 14 February 2008 at 2:00 am

    Rs. 200?

    It was pretty straight forward; am I missing anything out?

     
  2. Unknown | 14 February 2008 at 1:32 pm

    that man has earn 100 rs profit .

     
  3. Unknown | 16 February 2008 at 8:45 am

    200 he gets

     
  4. Unknown | 18 February 2008 at 8:38 pm

    Rs 100 is the total profit...

    Firs time he sells the horse he makes a profit of rs 100. then he buys again at a loss of 100 so they get canceled. Then again he sells at a profit of 100 so NET profit = Rs 100

     
  5. Anonymous | 22 February 2008 at 9:39 pm

    100/-

     
  6. Anonymous | 27 February 2008 at 8:16 pm

    initially, assume he had no money.
    then if he pays for -ve, and if he gets +ve i.e., profit
    now -600 as he bought for 600
    +700 as he sold for 700
    -800 as he again bought for 800
    +900 as he sold it again for 900
    and the net would be +200 indicating a profit of Rs.200/-

     

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