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Q:

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 into 20 % profit. The entire transaction resulted in:

  • 1
    no loss no gain
  • 2
    gain of Rs. $$ {1\over24}$$
  • 3
    loss of Rs.$$ {1\over12}$$ lakh
  • 4
    loss of$$ {1\over18}$$ lakh
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Answer : 3. "loss of Rs.$$ {1\over12}$$ lakh "

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