NIFT UG 2010 Question Paper with solutions

Question : 137 of 149

Marks: +1, -0

A horse worth Rs 9000 is sold by A to B at a loss of 10%. B sells the horse back to A at 10% gain. The result is

Solution:

Cost price to A = Rs. 9000
Cost price to

B=9000×90/100=Rs.8100

Again, cost price to

A=8100×110/100

= Rs. 9810
∴ Loss to A

=8910-8100=Rs.810

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