P owns a house worth ₹ 20,000. He sells it to Q at a profit of 25%. After some time, Q sells it back to P at a 25% loss. Find P's loss or gain percentage.
P owns a house worth ₹ 20,000. He sells it to Q at a profit of 25%. After some time, Q sells it back to P at a 25% loss. Find P's loss or gain percentage.
A. 25% gain
B. 6.25% gain
C. 31.56 % gain
D. 31.25% gain
The correct answer is option D. 31.25% gain. Can you explain this answer in the comments?
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