1953 AHSME Problems/Problem 30
Revision as of 15:23, 15 July 2018 by Awesome yz (talk | contribs) (Created page with "==Problem 30== A house worth $ <math>9000</math> is sold by Mr. A to Mr. B at a <math>10</math> % loss. Mr. B sells the house back to Mr. A at a <math>10</math> % gain. The...")
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 First Question |
Followed by Problem 2 | |
1 • 2 • 3 • 4 • 5 • 6 • 7 • 8 • 9 • 10 • 11 • 12 • 13 • 14 • 15 • 16 • 17 • 18 • 19 • 20 • 21 • 22 • 23 • 24 • 25 • 26 • 27 • 28 • 29 • 30 • 31 • 32 • 33 • 34 • 35 • 36 • 37 • 38 • 39 • 40 • 41 • 42 • 43 • 44 • 45 • 46 • 47 • 48 • 49 • 50 | ||
All AHSME Problems and Solutions |
The problems on this page are copyrighted by the Mathematical Association of America's American Mathematics Competitions.