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 percent

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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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.

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About the Author

Mr. Ashutosh Nautiyal is a student who is pursuing his post-graduation (MBA in Infrastructure Development and Management) from SCMHRD, Pune. He has done his B.Tech in Civil Engineering from BTKIT, Dwarahat and his schooling from Omkarananda Saraswat…

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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.

The correct answer is option D. 31.25% gain. Can you explain this answer in the comments?

View Complete Solution Here

Books I recommend for Quantitative Aptitude:

1. How to Prepare for Quantitative Aptitude for CAT by Arun Sharma

2. Ace Quantitative Aptitude For Banking and Insurance

3. Quantitative Aptitude Quantum CAT by Sarvesh K Verma

4. Quantitative Aptitude for Competitive Examinations by R.S. Aggarwal

5. Best 4000 Smart Practice Questions for Banking by S. Chand Experts

About the Author

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