Question

A owns a house worth rs.10000. He sells it to b at a profit of 10% based on the worth of the house. B sells the house back to a at a loss of 10% in this transaction a gets

Answer 1

Answer:

Step-by-step explanation:

• COST OF HOUSE=10000

• PROFIT =10%

• TIME =1yr

here cost of house will be considered as principal an profit will be considered as rat of intrest (roi)

simple intrest =10000*10*1/100=1000

so a has the profit of 1000 rupees till now

• amount in which b got tis house=11000
• lose =10%
• time =1yr

here amount of house will be considered as principal an lose  will be considered as rat of intrest (roi)

simple intrest =11000*10*1/100=1100

so totan profit of a in this tranjection =1000+1100=2100