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A person buys a house for 15 lacs and sells it for 20 lacs. After five years he buys the same house at 30 lacs and sells it for 40 lacs. What is the overall profit percent for that person over both the transactions?
Correct Answer: (b)
Official keyThis question appeared in the KAS Prelims 2020 examination (GS-I). It is Question 85 out of 100 questions in this paper. Section: General Studies.
This question was part of the KAS Prelims 2020 (GS-I). The KAS Prelims examination tests candidates on general studies, current affairs, and aptitude through multiple-choice questions.
Practice previous year questions from all KAS Prelims papers and compare patterns with UPSC Prelims PYQ to identify overlapping topics.