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17 April, 22:54

A sold a commodity to b at 10% profit b again sold it to a at 10% loss. What does a have

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  1. 17 April, 23:18
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    Let's answer this step-by-step.

    First of all, let's estsblish the original price of the commodity as being 100%. Therefore:

    Original price of commodity = 100%

    Then, when A sold the commodity to B, it was sold at a 10% profit. Therefore:

    Price of commidity when A sold to B:

    100% x 1.1 = 110%

    After that, when B sold it back to A, it was sold at a 10% loss. Therefore:

    Price of commodity when B sold to A:

    110% x 0.9 = 99%

    Hence, A now has 99% of the original value of the commidity.
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