The Property Market
A property owner has two houses for sale – one in a fashionable area, one in a less fashionable area.
He manages to sell them for £156 000 each.
Based on what he originally paid for them, one house has made him a profit of 20%, while the other has made him a loss
Overall, has the owner made a profit or a loss?
Can you say why, without any calculation?
Send site mail to [email protected]
or personal comments direct to with
questions or comments about this web site.