Mathematics · Profit and Loss
David owns a plot worth ₹10,000. He sells it to Rodney at 10% profit. Rodney sells the plot back to David at a loss of 10%. In the whole transaction, Rodney realizes a:
- 1no profit no loss
- 2profit of ₹2,000
- 3loss of ₹1,000
- 4loss of ₹1,100✓
Correct answer
loss of ₹1,100
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