Ms. Priyanka sold two properties X and Y for Rs 30,000 each. She sold property X for 20% more than she paid for it and sold property Y for 20% less than she paid for it. If the expenses are disregarded, what was her gain or loss, if any, on the two properties ?
Answer: B If the selling price of two article is same and sold at x% more and x% less, there will be always loss = x2/100 = 202/100 = 4% Gain = 96% = 60,000 Loss = 4% = Rs 2500.