A house worth Rs. 150000 is sold by X at a 5% profit to Y, Y sells the house back to X at a 2% loss. Then find profit and loss in the entire transaction = ?
A. X gains Rs. 4150
B. X loses Rs. 4150
C. X gains Rs. 3150
D. X loses Rs. 3150
Answer: Option C
Solution(By Examveda Team)
Money spent by X = Rs. 150000Money received by X = 105% of Rs. 150000 = Rs. 157500
C.P. to X = 98% of Rs. 157500 = Rs. 154350
∴ X gains Rs. (157500 - 154350) = Rs. 3150
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
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C. A makes a profit of 20%
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