Question

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​

Answer 1

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