document.write( "Question 614871: Ms. A owns a house worth $10000. She sells it to Mr. B at 10% profit. Mr. B sells the house back to Ms. A at a 10% loss. How much money does Ms. A make? \n" ); document.write( "
Algebra.Com's Answer #386846 by Theo(13342)![]() ![]() You can put this solution on YOUR website! The house is worth $10,000. \n" ); document.write( "Presumably this is what the house cost her. \n" ); document.write( "She sells it for $11,000. \n" ); document.write( "She buys it back for $9,900. \n" ); document.write( "Her net profit after both transactions is equal to $11,000 - $9,900 = $1,100. \n" ); document.write( "She started with a house. \n" ); document.write( "She finished with a house. \n" ); document.write( "She has an additional $1,100 on top of that. \n" ); document.write( "$11,000 - $10,000 = $1,000 / $10,000 = her 10% profit. \n" ); document.write( "$11,000 - $9,900 = $1,100 / $11,000 = his 10% loss.\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |