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X losses Rs. 1350A house worth Rs. 1,50,000 is sold by to at profit sells the house back to at loss. Then the entire transaction:

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X gains Rs. 3150

X losses Rs. 4350

X gains Rs. 4350

None of these

answer is A.

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Detailed Solution

Concept- A percentage is indeed a number or ratio that is a fraction of one hundred. Profit and loss percentage refers to the quantity of profit or loss which has been imposed in percentage.
Here, cost of the house

Profit gained

Selling price for the first sale

Selling price for

………………. 1
For the second transaction, loss incurred

Selling price for the first sale

Cost price for

………………… 2
157500 - 154350 = 3150 Rs.

gains Rs. 3150
Hence, the correct answer is option (1)

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