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A house worth Rs. 1,50,000 is sold by X to Y at 5% profit. Y sells the house back to X at 2% loss. Then in the entire transaction :
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- X gains Rs. 3150
- X loses Rs. 4350
- X loses Rs. 1350
- X gains Rs. 4350
Correct Option: A
On the basis of above given question ,
at 5% profit ,
C.P. for Y = | = Rs. 157500 | 100 |
S.P. for Y at 2% loss = | = Rs. 154350 | 100 |
∴ X’s gain = S.P. for Y - C.P. for Y
∴ X’s gain = Rs. (157500 – 154350)
= Rs. 3150