A man decides to buy a horse for 600. After a year, he sells it for 700. He buys it again for 800. And finally sells the horse for 900. What is the overall profit the man makes?
A. Rs. 400
B. Rs. 300
C. Rs. 200
D. Rs. 100
E. None
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first cost price =600
first s.p=700
profit=100
again buy horse for 800
i.e overall profit=900-600=300
d
CP1 = 600
SP1 = 700
CP2 = 800
SP2 = 900
CP1+CP2= 1400
SP1+SP2= 1600
Therefore net profit = Rs 200