A house and a shop were sold for Rs. 1 lakh each. In this transaction, the house sale resulted into 20% loss whereas the shop sale resulted into 20% profit. The entire transaction resulted in -

  • 1No loss, no gain
  • 2Loss of Rs. 1/12 lakh
  • 3Loss of Rs. 1/18 lakh
  • 4Gain of Rs. 1/24 lakh
Answer:- 4
Explanation:-

Solution:
Total S.P.=Rs. 2 lakh.C.P.of house=Rs.(10080×1)lakh=Rs.54lakh.C.P.of shop=Rs.(100120×1)lakh=Rs.56lakh.Total C.P.=Rs.(54+56)lakh=Rs.2512lakh.Loss=Rs.(25122)lakh=Rs.112lakh.

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", "dateCreated": "7/24/2019 10:09:12 AM", "author": { "@type": "Person", "name": "Nitin Sir" } }, "suggestedAnswer": { "@type": "Answer", "text": "
Solution:
Total S.P.=Rs. 2 lakh.C.P.of house=Rs.(10080×1)lakh=Rs.54lakh.C.P.of shop=Rs.(100120×1)lakh=Rs.56lakh.Total C.P.=Rs.(54+56)lakh=Rs.2512lakh.Loss=Rs.(25122)lakh=Rs.112lakh. ", "dateCreated": "7/24/2019 10:09:12 AM" } }
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