A man sold two cycles for Rs.1500 each, gaining Rs.20 on one and saving Rs.20 on the other. Find his gain or loss percentage on the whole transaction?
1.05%
1.35%
2.70%
2.15%
A
1.35%
B
2.15%
C
2.70%
D
1.05%
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Solution
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Total selling price =Rs.2×1500=Rs.3000
Total profit =Rs.(20+20)=Rs.40
Total cost price =Rs.(3000−40)=Rs.2960
Total gain percent =402960×100=1.35%
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