A man sells two houses at the rate of rupees 1.95 lacs each. On one, he gains 5% and on the otherhe lost 5%. Find his gain or loss percent in the whole transaction.

A man sells two houses at the rate of rupees 1.95 lacs each. On one, h

1.	A man sells two houses at the rate of rupees 1.95 lacs each. On one, he gains 5% and on the otherhe lost 5%. Find his gain or loss percent in the whole transaction.
Answer» A man who sells two houses at the rate of rupees 1.95 lacs each, gaining5% and on oneandloosing 5% on the other faces a loss percent in the whole transaction which is 0.25%. A profit or loss is the difference between the cost price and the selling price. If the cost price is more than the selling price, then the transaction results in a loss, whereas if the selling price is more than the cost price then the transaction results in a profit.