Question

Ramesh owns a plot worth Rs 10000. He sells it to Mukesh at a profit of 10%. After sometimes, Mukesh sells it back to Ramesh at a loss of 10% then Ramesh (1) loses Rs 100 (2) loses Rs 900 (3) gains Rs 100 (4) gains Rs 1100

(PLZ answer soon exam approaching)

Answer 1

[tex]for ramesh purchase price =10000 profit =10% selling price = 10000+(10000*(10/100)) selling price = 11,000 for mukesh purchase price = 11,000 loss = 10% selling price = 11,000-(11,000*(10/100)) selling price =9,900 again , mukesh selling price = ramesh again purchase price ramesh selling price = 11000 but again ramesh purchase price = 9900 so ramesh gain 1100 but mukesh loses 1100 hope it helps ||| Thanks[/tex]

Answer 2

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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