Question

Ram purchased a mobile phone and sold it to shyam at 10% profit. then shyam sold it back to ram at a loss of 10% what is the outcome in the hands of ram ?

Answer 1

Let the Cost price of Mobile be Rs. x

Then the price paid by Shyam to Ram when profit is 10%= 110x/100
Profit for Ram = Rs. x/10

Now, when Shyam sells it to Ram with 10% lose = 99x/100

So, In the End Ram is in profit with Rs. 11x/100