A use worth Rs.1,50,000 is sold by X to Y at 5% profit. Y sells the house back to X at 2% loss. Then in the entire transaction:

Explanation

In the first transaction : Cost price for X = Rs. 1,50,000 Profit % = 5% 5 => Selling price for X = Cost price of Y = 1, 50, 000 + ( 100 × 1, 50, 000) = 1, 50, 000 + 7500 = Rs. 1, 57, 500 In the second transaction : Cost price for Y = Rs. 1,57,500 Loss % = 2% 2 => Selling price for Y = Cost price of X = 1, 57, 500 − ( 100 × 1, 57, 500) = 1, 57, 500 − 3150 = Rs. 1, 54, 350 ∴ Total profit for X = 1, 57, 500 − 1, 54, 350 = Rs. 3150 => Ans - (A)