Let's break down the transactions:

1. Greg buys cattle for Rs.15 and sells it for Rs.20. So, he makes a profit of Rs.20 - Rs.15 = Rs.5 in the first year.

2. After one year, he buys the same cattle for Rs.30 and sells it for Rs.40. So, he makes a profit of Rs.40 - Rs.30 = Rs.10 in the second year.

So, the total profit Greg makes is Rs.5 (first year) + Rs.10 (second year) = Rs.15.

The total amount Greg invested is Rs.15 (first purchase) + Rs.30 (second purchase) = Rs.45.

The profit percentage is calculated as (Profit / Total Investment) * 100.

So, the overall profit percentage for Greg in this transaction is (Rs.15 / Rs.45) * 100 = 33.33%.

Question

Let's break down the transactions:

1. Greg buys cattle for Rs.15 and sells it for Rs.20. So, he makes a profit of Rs.20 - Rs.15 = Rs.5 in the first year.

2. After one year, he buys the same cattle for Rs.30 and sells it for Rs.40. So, he makes a profit of Rs.40 - Rs.30 = Rs.10 in the second year.

So, the total profit Greg makes is Rs.5 (first year) + Rs.10 (second year) = Rs.15.

The total amount Greg invested is Rs.15 (first purchase) + Rs.30 (second purchase) = Rs.45.

The profit percentage is calculated as (Profit / Total Investment) * 100.

So, the overall profit percentage for Greg in this transaction is (Rs.15 / Rs.45) * 100 = 33.33%.

Knowee AI · Accepted Answer

Let's break down the transactions:

1. Greg buys cattle for Rs.15 and sells it for Rs.20. So, he makes a profit of Rs.20 - Rs.15 = Rs.5 in the first year.

2. After one year, he buys the same cattle for Rs.30 and sells it for Rs.40. So, he makes a profit of Rs.40 - Rs.30 = Rs.10 in the second year.

So, the total profit Greg makes is Rs.5 (first year) + Rs.10 (second year) = Rs.15.

The total amount Greg invested is Rs.15 (first purchase) + Rs.30 (second purchase) = Rs.45.

The profit percentage is calculated as (Profit / Total Investment) * 100.

So, the overall profit percentage for Greg in this transaction is (Rs.15 / Rs.45) * 100 = 33.33%.

Greg buys cattle for Rs.15 In exactly one year he sells it for Rs.20 After one year again he buys the same cattle at Rs.30 and this time sells it for Rs.40 What is the overall profit percent for Greg in this transaction?