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1953 AMC 12 Question 30

AMC12 · 1953 AMC 12

Question 30

A house worth $\$9000$ is sold by Mr. $A$ to Mr. $B$ at a $10\%$ loss. Mr. $B$ sells the house back to Mr. $A$ at a $10\%$ gain. The result of the two transactions is:
  1. Mr. $A$ breaks even
  2. Mr. $B$ gains $\$900$
  3. Mr. $A$ loses $\$900$
  4. Mr. $A$ loses $\$810$
  5. Mr. $B$ gains $\$1710$