A house and a shop were sold for Rs. 1 lakh each. In the transaction, the house sale resulted in a 20% loss whereas the shop sale resulted in a 20% profit. The entire transaction resulted in: Options: O No loss no gain Gain of Rs. 1/24 lakh Loss of Rs. 1/12 lakh Loss of Rs. 1/18 lakh

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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A house and a shop were sold for Rs. 1 lakh each. In the transaction, the house sale resulted in a 20% loss
whereas the shop sale resulted in a 20% profit. The entire transaction resulted in:
Options:
O
O
O
Loss of Rs. 1/12 lakh
O Loss of Rs. 1/18 lakh
No loss no gain
Gain of Rs. 1/24 lakh
Transcribed Image Text:A house and a shop were sold for Rs. 1 lakh each. In the transaction, the house sale resulted in a 20% loss whereas the shop sale resulted in a 20% profit. The entire transaction resulted in: Options: O O O Loss of Rs. 1/12 lakh O Loss of Rs. 1/18 lakh No loss no gain Gain of Rs. 1/24 lakh
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