1951 AHSME Problems/Problem 5
Problem 5
Mr. owns a home worth 10,000. He sells it to Mr. at a 10% profit based on the worth of the house. Mr. sells the house back to Mr. at a 10% loss. Then:
Solution
Mr. earns <dollar/><dollar/> after he sells it to Mr. . Then, Mr. sells it at a price of <dollar/><dollar/>, so $\boxed{\textbf{(B)}\ \text{A makes 1100 on the deal}$ (Error compiling LaTeX. Unknown error_msg).