Question

A Man bought a goat at 60k

He sold it at 70k
He bought it again at 80k
Later sold it at 90k. How much profit did he make

Answer 1

Answer: 20K

Explanation: Net profit will be the difference between the total buying price and the total selling price.

Total Buying Amount = 60k + 80K =140K

Total Selling amount = 70K + 90k = 160K

Profit = 160k - 140K = 20k