A men sells two houses at rate of Rs.,1.995 Lakhs each. On one house he gains 20 % and on other he l

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7.Profit and Loss

easy

A men sells two houses at the rate of $Rs.\,1.995$ Lakhs each. On one house he gains $20 \%$ and on the other he loses $20 \% .$ His gain or loss per cent in the whole transaction is

A

$5 \%$ loss

B

$4 \%$

C

$4 \%$ loss

D

None of these

Solution

Here, $x=20$

$\therefore \quad$ Overall loss $\%=\left(\frac{x}{10}\right)^{2} \%=\left(\frac{20}{10}\right)^{2} \%=4 \%$

Standard 13

Quantitative Aptitude

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