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Question 12
A house worth Rs.150000 is sold by X to Y at 5% profit. If Y sells the house back to X at 2% loss, then in the entire transaction:
Solution
 X case
CP = 150000
profit = 5%
SP = $$ 150000 \times \frac{105}{100} $$
   = 157500
here X gains = SP - CP = 157500 - 150000 = 7500
Y case
CP = 157500 (X's SP = Y's CP)
loss = 2%
SP = $$ 157500 \times \frac{98}{100} $$
  = 154350
here Y loss = CP - SP = 157500 - 154350 = 3150
X gains = 7500 - 4350 = 3150Â
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