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A house worth Rs 1,50,000 is sold by X t...

A house worth Rs 1,50,000 is sold by X to Y at 5% profit Y sells the house back to X at 2% loss. Then the entire transaction :

A

X gets a profit of Rs 4,350

B

X gets a loss of Rs 4,350

C

X gets a profit of Rs 3,150

D

X gets a loss of Rs 3,150

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The correct Answer is:
To solve the problem step by step, let's break down the transactions between X and Y. ### Step 1: Calculate the Selling Price of X to Y X sells the house to Y at a profit of 5%. The cost price (CP) of the house for X is Rs 1,50,000. To find the selling price (SP) when X sells to Y, we use the formula: \[ SP = CP + (Profit \% \times CP) \] Here, the profit percentage is 5%. Calculating the profit: \[ Profit = 5\% \text{ of } 1,50,000 = \frac{5}{100} \times 1,50,000 = 7,500 \] Now, calculate the selling price: \[ SP = 1,50,000 + 7,500 = 1,57,500 \] ### Step 2: Calculate the Selling Price of Y to X Y sells the house back to X at a loss of 2%. The cost price (CP) for Y is the selling price from X, which is Rs 1,57,500. To find the selling price (SP) when Y sells back to X, we use the formula: \[ SP = CP - (Loss \% \times CP) \] Here, the loss percentage is 2%. Calculating the loss: \[ Loss = 2\% \text{ of } 1,57,500 = \frac{2}{100} \times 1,57,500 = 3,150 \] Now, calculate the selling price: \[ SP = 1,57,500 - 3,150 = 1,54,350 \] ### Step 3: Calculate the Overall Profit or Loss Now, we need to determine the overall profit or loss for X after both transactions. 1. **Initial cost for X**: Rs 1,50,000 2. **Final amount received by X after buying back the house**: Rs 1,54,350 Now, calculate the profit: \[ Profit = Final Amount - Initial Cost = 1,54,350 - 1,50,000 = 4,350 \] ### Final Result The entire transaction results in a profit of Rs 4,350 for X. ---
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