Ramesh bought 10 cycle for rupees 500 each. he is spent 2000 repair of all cycle he sold five of them for rupees 750 each and the remaining for 550 each. what is the total gain or loss percent
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Total CP = 500×10+2000= Rs.7000
Total SP = Rs. (5×750+5×550)= Rs.6500
Loss % = 7000−65007000×100
= 5007000×100=507=717
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