Math basics: Percent Puzzles

Question: A real estate developer has sold 2 houses for the same price. One house sold at a 10% loss and one sold at a 10% profit. Did the developer have a net profit or loss on the sale of these two houses?

Correct answer: Loss Explanation:

Let's imagine that the developer sold both of these homes for $100,000. The house that sold for a 10% loss lost 10% on a number greater than $100,000. The house that sold for a 10% profit gained 10% on a number less than $100,000. Therefore, the 10% from the gain must be less than the 10% on the loss and the developer must have a net loss.

I still don't understand, if both house were same price like 100 000 per one, than one sold for 90 000 and one sold for 110 000, which evens out to 200k, so loss = 0%. What i am not seeing, thanks.

#Algebra

Easy Math Editor

This discussion board is a place to discuss our Daily Challenges and the math and science related to those challenges. Explanations are more than just a solution — they should explain the steps and thinking strategies that you used to obtain the solution. Comments should further the discussion of math and science.

When posting on Brilliant:

Use the emojis to react to an explanation, whether you're congratulating a job well done , or just really confused .
Ask specific questions about the challenge or the steps in somebody's explanation. Well-posed questions can add a lot to the discussion, but posting "I don't understand!" doesn't help anyone.
Try to contribute something new to the discussion, whether it is an extension, generalization or other idea related to the challenge.
Stay on topic — we're all here to learn more about math and science, not to hear about your favorite get-rich-quick scheme or current world events.

Markdown	Appears as
`italics` or `_italics_`	italics
`bold` or `__bold__`	bold
- bulleted - list	bulleted list
1. numbered 2. list	numbered list
Note: you must add a full line of space before and after lists for them to show up correctly
paragraph 1 paragraph 2	paragraph 1 paragraph 2
`[example link](https://brilliant.org)`	example link
`> This is a quote`	This is a quote
# I indented these lines # 4 spaces, and now they show # up as a code block. print "hello world"	# I indented these lines # 4 spaces, and now they show # up as a code block. print "hello world"

Math	Appears as
Remember to wrap math in `$` ... `$` or `\[` ... `\]` to ensure proper formatting.
`2 \times 3`	$2 \times 3$
`2^{34}`	$2^{34}$
`a_{i-1}`	$a_{i-1}$
`\frac{2}{3}`	$\frac{2}{3}$
`\sqrt{2}`	$\sqrt{2}$
`\sum_{i=1}^3`	$\sum_{i=1}^3$
`\sin \theta`	$\sin \theta$
`\boxed{123}`	$\boxed{123}$

Comments

There are no comments in this discussion.

Math	Appears as
Remember to wrap math in `\(` ... `\)` or `\[` ... `\]` to ensure proper formatting.
`2 \times 3`	$2 \times 3$
`2^{34}`	$2^{34}$
`a_{i-1}`	$a_{i-1}$
`\frac{2}{3}`	$\frac{2}{3}$
`\sqrt{2}`	$\sqrt{2}$
`\sum_{i=1}^3`	$\sum_{i=1}^3$
`\sin \theta`	$\sin \theta$
`\boxed{123}`	$\boxed{123}$