A person buys a brand new Honda bicycle for Rs.800/-. He uses it for a year…

A person buys a brand new Honda bicycle for Rs.800/-. He uses it for a year and then sells it. He makes a profit of 10% in this transaction. Then again he buys a new cycle but finds that the price has gone up by 20 %. He uses it for a year and then sells it for a profit of 30%. Find the average annual profit of that the person.