CLEAR
Toprankers-Info

+91 7676564400

Mobile App

Get it on Google Play
Discussions
Select Date
Tags:

Articles

Discussions
Submit Discussion
MANISH KAHAR

· started a discussion

· 1 Months ago

q.1 (Question: 192330.0 )

should be 4% loss

Question:
A house and a shop were sold for Rs. 1 lakh each. In this transaction, the house sale resulted into 20% whereas the shop sale into 20% profit. The entire transaction resulted in : 
Options:
A) neither loss nor gain
B) gain of Rs. \(\cfrac{1}{24}\) lakh
C) loss of Rs. \(\cfrac{1}{12}\) lakh
D) loss of Rs. \(\cfrac{1}{18}\) lakh
Solution:
Ans: (c) S.P. of house = Rs. 1 lakh

Loss percent = 20%

C.P. of house = Rs. \(\cfrac{5}{4}\) lakh

S.P. of shop = Rs.1 lakh

Profit percent = 20%

C.P. of house = Rs. \(\cfrac{5}{6}\) lakh

Total C.P. = \(\left ( \cfrac {5}{6} + \cfrac{5}{4} \right )\) =  \(\cfrac{25}{12}\) lakh

Total S.P. = 1 + 1 = 2 lakh

Loss = \(\left ( \cfrac {25}{12} - 2 \right )\) = \(\cfrac{1}{12}\)  lakh

shobhit

· commented

· 1 Months ago

yeah.. it should be. According to that one the loss is 4%.
-logo
We at aim to provide most comprehensive content & test for practice which is carefully divided into various chapters and topics to help you focus on your weak areas.Our Practice mock test gives you unmatched analytics to help you realize your strong areas,time management and improvement areas.Our Short & Crisp notes on each topic will help you to quickly revise the topic along with the tips & tricks of the exams.
More About
-Info
-Info

Mobile App

Get it on Google Play
About Us Campus Ambassador Careers Contact Us Refund Policy

All Rights Reserved Top Rankers

User Policy
Disclaimer
Terms & Conditions