Question

ramesh owns a plot worth ₹10000.he sells it to Mukesh at a profit of 10%.After sometime, Mukesh sells it back to Ramesh at a loss of 10%,then what is Ramesh's total gain or loss??

Answer 1

Answer:

Answer:(d)gains RS.1100

Step-by-step explanation:

For Ramesh:P1₹10,000R2=10%

Amount1:=₹10000+10000x10/100=₹11,000;

that Ramesh sell to MukeshThen,

again Mukesh sells to ramesh at 10%

loss:for thisP2=11000R2=-10%

(loss)Amount2:=₹11000+11000x(-10/100)=₹11000+(-1100)=₹9,900so,

total loss or gain of Ramesh is

Amount1-Amount2:=₹1100-₹9900=₹+1,100(+ve represents profit)

hence,(d) is the correct answer

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