-
A house worth $ 1,50,000 is sold by X at a 5% profit to Y, Y sells the house back to X at a 2% loss. Then in the entire transaction?
-
- X gains $ 4,350
- X loses $ 4,350
- X gains $ 3,150
- X loses $ 3,150
Correct Option: C
Given that , Cost price of house for X = $ 1,50,000
at a 5% profit ,
| Cost price of house for Y = | × 150000 = $ 157500 | 100 |
at a 2% loss ,
| S.P. of house for Y = | × Rs. 157500 = $ 154350 | 100 |
∴ Gain for X = $ (157500 – 154350) = $ 3150
