A house and a shop were sold for Rs 1 lakh each. In this transaction, the house sale resulted into 20% loss whereas the shop sale into 20% profit. The entire transaction resulted in :
1
\(\frac{1}{24}\) gain of Rs 1 lakh
2
\(\frac{1}{18}\) loss of Rs 1 lakh
3
\(\frac{1}{12}\) loss of Rs 1 lakh
4
No loss no gain