Question

shahid purchased a plot for Rs 250000 and sold it at a profit of 10% to liaqat. liaqat in turn sold it at a loss of 10%. the price that liaqat got was????​

Answer 1

Selling price of Shahid = Cost price of Liaqat

Selling price of Shahid = 250000+10% of 250000

$= 250000 + (250000 \times \frac{ 10}{100} )$

250000+25000= 275000

Now, Loss of Liaqat = 10% of 275000

$275000 \times \frac{10}{100} = 27500$

therefore, the price that Liaqat got was, 275000-27500 = 247500