Question

Ram owns a plot worth Rs $10,000$. He sells it to Shyam at a profit of $10\%$. After sometime Shyam sells it back to Ram at a $10\%$ loss, then Ram overall

• A. loses Rs $100$
• B. loses Rs $900$
• C. gains Rs $100$
• D. gains Rs $1,100$

Answer 1

The correct option is D gains Rs $1,100$

CP; of Ram $=Rs10,000$
S.P. of Ram $=$ C.P. of Shyam $=Rs11,000$
Ram gets the plot back $=90$% of $Rs11,000=Rs9,900$
$\therefore$ Ram gains $=Rs11,000-Rs9,900=Rs1,100$.