Ramesh. owns a plot worth 10000 he sells it to Mukesh at a profit of 10% after sometime ok stills back to Ramesh at a loss of 10% then what is Ramesh total gain or loss plzzzz. do it with full detail plzzzzz .............. ans is 1100 gain
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Answer:
Rs.1100
Step-by-step explanation:
1st Transaction:
CP of Plot = Rs.10,000
SP of plot to Mukesh = 10000*110/100 = Rs. 11000
Profit in first transaction = Rs. 1000
2nd Transaction:
Initial CP of plot = 10,000
CP of plot by Mukesh = 11000
SP of plot to Ramesh = 11000*90/10 = Rs. 9900
Profit of Ramesh in 2nd transaction = 10000 - 9900 = Rs.100
Total profit = 1000 + 100 = Rs.1100
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