Question

A sold a commodity to b at 10% profit b again sold it to a at 10% loss. What does a have

Answer 1

Let's answer this step-by-step.

First of all, let's estsblish the original price of the commodity as being 100%. Therefore:

Original price of commodity = 100%

Then, when A sold the commodity to B, it was sold at a 10% profit. Therefore:

Price of commidity when A sold to B:
100% x 1.1 = 110%

After that, when B sold it back to A, it was sold at a 10% loss. Therefore:

Price of commodity when B sold to A:
110% x 0.9 = 99%

Hence, A now has 99% of the original value of the commidity.