answr
Login
Join Now
maths

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:

A

no loss, no gain

B

loss of Rs.lakh

C

loss of Rs.lakh

D

gain of Rs.lakh

Answer

house
CP 10  (20% loss)
SP 8
slope 
(20% Gain)
for same SP
CP 10.12 = 120
SP 8.12 = 96
Total
(loss = 8 units)
According to question
192 units = 2 lacks
10 unit = lacks
8 units = units (lacks)

Answered By

toppr

How satisfied are you with the answer?
This will help us to improve better
More Questions by difficulty

Related Questions to study

A shopkeeper sells an article for Rs. 21,384 including 10% sales-tax. However, the actual rate of sales-tax is 8%. Find the extra profit made by the dealer. 

View Answer

A man bought a second hand car for Rs. and a TV, for Rs. . He sold the car at a gain of and the T.V. at a loss of . Find the total amount gained or lost from the two transactions.

View Answer

A and B started a partnership business investing some amount in the ratio of 3 : 5 C joined them after six months with an amount equal to that of B In what proportion should the profit at the end of one year be distributed among A, B and C?

View Answer

Nitesh & Jitesh invested Rs 15000 and Rs 18000 respectively in a business If the total profit at the end of the year is Rs 8800 and Nitesh being an active partner gets an additional 12.5% of the profit find the total profit of Nitesh in Rs

View Answer

David started a business establishment by investing Rs.15000. After 4 months William entered into a partnership by investing a certain amount. At the end of the year, the profit was shared in the ratio 9 : 8. Find how much money was invested by William.

View Answer

On selling a mobile for Rs 750, a shop keeper looses 10%. For what amount should he sell it to gain 5%?

View Answer

A shop-keeper purchases knives in Rs. and sells them at the rate of knives for Rs.. He earns a profit of

View Answer

Bunty buys pens at for and sells at for . What is his gain

View Answer

A trader marked the price of his commodity so as to include a profit of 25%. He allowed a discount of 16% on the MP. His actual profit was

View Answer

If S.P. and C.P. of an article is and respectively, then calculate profit .

View Answer
View Answer
View Answer
View Answer
View Answer
View Answer
View Answer
View Answer
View Answer
View Answer
View Answer

VIEW MORE