1955 AHSME Problems/Problem 26
Mr. owns a house worth . He sells it to Mr. at % profit. Mr. sells the house back to Mr. at a % loss. Then:
Solution
Assume that Mr. has to start with (the house) and Mr. has
sells the house to for , leaving Mr. with and Mr. with .
Then, Mr. sells the house back to Mr. for , which leaves with and with .
We can see that gained out of Mr. 's expense, but none of the options says this. We can therefore conclude that the correct answer is .
See Also
1955 AHSC (Problems • Answer Key • Resources) | ||
Preceded by Problem 25 |
Followed by Problem 27 | |
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