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Mr. Kapur purchased two toy cycles for Rs 750 each. He sold these cycles, gaining 6% on one and losing 4% on the other. The gain or loss per cent in the whole transaction is
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- 1% loss
- 1% gain
- 1.5% loss
- 1.5% gain
Correct Option: B
Given that , CP of each toy cycles = Rs 750 each
| Total profit in sales = Rs. |  | 750 × 6 | - | 750 × 4 |  | |||
| 100 | 100 |
Total profit in sales = Rs. (45 – 30) = Rs. 15
| or,Profit (6 – 4)% of 750 = | | = Rs. 15 | | 100 |
| ∴ Profit percent = | | × 100 = 1% | | 1500 |
