Multiple Choice Questions on 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 ........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

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 ...........

Quantitative Aptitude ( CCS) Profit and loss
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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:

    X loses Rs.1350

    Incorrect Answer

    X gains Rs.3150

    Correct Answer

    X loses Rs.4350

    Incorrect Answer

    X gains Rs.4350

    Incorrect Answer
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    Explanation:

    ∴  In whole transaction gain in whole
    = 105 - 102.9 = 2.1 units
    But, 100 units = 1,50,000
    1 unit = 1500
    2.1 units = 3150 gain

    By: MIRZA SADDAM HUSSAIN
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