Home
Class 14
MATHS
A house and a shop were sold for Rs. 1 l...

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 `1/24` lakh

C

loss of `1/12` lakh

D

loss of `1/18` lakh

Text Solution

Verified by Experts

The correct Answer is:
C
Doubtnut Promotions Banner Mobile Dark
|

Topper's Solved these Questions

  • PROFIT AND LOSS

    KIRAN PUBLICATION|Exercise TYPE-X|85 Videos

  • PROFIT AND LOSS

    KIRAN PUBLICATION|Exercise TEST YOURSELF|23 Videos

  • PROFIT AND LOSS

    KIRAN PUBLICATION|Exercise TYPE-VIII|23 Videos

  • POWER, INDICES AND SURDS

    KIRAN PUBLICATION|Exercise Test Yourself|25 Videos

  • RATIO AND PROPORTION

    KIRAN PUBLICATION|Exercise TEST YOURSELF|19 Videos

Similar Questions

Explore conceptually related problems

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 resulted into 20%, profit. The entire transaction resulted in a. no loss , no gain b. los s of R sdot1/(12) lakh c. los s of R sdot1/(18)l a k h d. gain of R sdot1/(24) lakh

A referigerator and a camera were sold for Rs. 12,000 each. The referigerator was sold at a loss of 20% of the cost and the camera at a gain of 20% of the cost. The entire transaction results in which one of the following ?

Knowledge Check

  • A horse and a cow were sold for Rs. 12000 each. The horse was sold at a loss of 20% and the cow at a gain of 20% . The entire transaction has resulted in

    A
    Profit of Rs. 1000
    B
    Loss of Rs. 1000
    C
    Loss of Rs. 500
    D
    No profit no loss

  • A horse and a cow were sold for Rs. 12000 each. The horse was sold at a loss of 20% and the cow at a gain of 20% . The entire transaction resulted in-

    A
    No loss or gain
    B
    Loss of Rs. 1000
    C
    Gain of Rs. 1000
    D
    Gain of Rs. 2000

  • A horse and a cow each sold at ₹ 12000, horse was sold on 20% loss and cow was sold on 20% profit. The result of entire transaction is :

    A
    Loss of ₹ 1000
    B
    No profit or loss
    C
    Profit of ₹1000
    D
    Profit of ₹ 2000

    • Similar Questions

    Explore conceptually related problems

    A television and a washing machine were sold for 12500 each. If the television was sold at a gain of 30% and the washing machine at a loss of 30%, then the entire transaction resulted in

    A refrigerator and a camera were sold for ₹12,000 each. The refrigerator was sold at a loss of 20% of the cost and the camera at a gain of 20% of the cost. The entire transaction results in which one of the following?

    A car and a jeep were sold for Rs 120000 each. The car was sold at a loss of 20% while the jeep at a gain of 20%, the entire transaction resulted in:

    A dealer sold two types of goods for 10,000 each. On one of them, he lost 20% and on the other he gained 20%. His gain or loss per cent in the entire transaction was

    A man sold two watches for Rs. 1000 each. On one he gains 25% and on the other 20% loss. Find how much % does he gain or lose in the whole transaction?

    Home
    Profile