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Google Chrome Profile Version Error. Error message

Does anyone know why am I receiving these profile errors again and again from Chrome?

I had installed an update on my recent Chrome. After updating, it didn’t work.

So I installed the previous version of Google Chrome.
Now, I am continuously receiving this profile error message:

https://betdownload.com/cf/Images/tpx/2014/1/Google-Chrome-Your-profile-can-not-be-used-because-it-is-from-a-newer-version-of-Google-Chrome.jpeg
Your profile can not be used because it is from a newer version of Google Chrome.

Some features may be unavailable. Please specify a different profile directory or use a newer version of Chrome.

I haven’t installed any corrupt version. I have just installed the version which is a bit older then. Why does it say that the profile is from a newer version. Why this version doesn’t support the profile of a latest version?

I want some perfect answers and a quick solution on how to end this error message.

If anyone has any idea regarding this, please tell me. As I have been through this situation for 14 days and can't bear it anymore.