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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:

A. no loss no gain
B. gain of Rs. $$ {1\over24}$$
C. loss of Rs.$$ {1\over12}$$ lakh
D. loss of$$ {1\over18}$$ lakh
Answer» D. loss of$$ {1\over18}$$ lakh


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