1953 AHSME Problems/Problem 30
Problem 30
A house worth $ is sold by Mr. A to Mr. B at a % loss. Mr. B sells the house back to Mr. A at a % gain. The result of the two transactions is:
Solution
When Mr.A sells the house at a % loss, he sells it for . When Mr.B sells the house back to Mr. A at a % gain he sells it for . Therefore Mr. A has lost dollars, so the answer is .
See Also
1953 AHSC (Problems • Answer Key • Resources) | ||
Preceded by Problem 29 |
Followed by Problem 31 | |
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