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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 | |