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Neha sells two second-hand cycles for ₹2400 each. On the first she gains 20% and on the second she loses 4%. Her overall gain percent is:

Competition practiceRatio, Percentage & Commercial Math
  • A6.67
  • B8
  • C16
  • D6.25

Step-by-Step Solution

CP of the first = 2400/1.20 = ₹2000; CP of the second = 2400/0.96 = ₹2500. Total CP = ₹4500 against a total SP of ₹4800, so the gain is ₹300 = 300/4500 = 6.67%. (Averaging +20 and −4 to get 8% uses the wrong bases.)
Answer: A) 6.67

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