Peter buys a TN, set for Rs. 4500. He sells it to Ram at a profit of 1

1.	Peter buys a TN, set for Rs. 4500. He sells it to Ram at a profit of 10%. Aftersome time Ram sells the T.V. set back to Peter at a loss of 10%. Find Peter's savingon the whole transaction.[Ans. Rs. 495]
Answer» Cost price of TV = 4500 Peter sell TV to Ram at price SP1 = 4500(1 + 10/100)= 4500(11/10)= 45011 = 4950 Ram sell TV to Peter at price SP2 = 4950(1 - 10/100)= 49509/10= 4959 = 4455 Therefore, Peter's saving= 4950 - 4455= Rs 495

Peter buys a TN, set for Rs. 4500. He sells it to Ram at a profit of 10%. Aftersome time Ram sells the T.V. set back to Peter at a loss of 10%. Find Peter's savingon the whole transaction.[Ans. Rs. 495]

Answer»

Cost price of TV = 4500

Peter sell TV to Ram at price SP1 = 4500(1 + 10/100)= 4500*(11/10)= 450*11 = 4950

Ram sell TV to Peter at price SP2 = 4950(1 - 10/100)= 4950*9/10= 495*9 = 4455

Therefore, Peter's saving= 4950 - 4455= Rs 495