question_answer

John is a mechanical engineer and deals in purchasing and selling of old scooters and bikes. He uses to purchase the old scooters and bikes and after repairing and service sell them to the customers at certain gain or loss. He purchased an old scooter for Rs. 15000 and spent Rs. 4000 on its repairing and service. Then he sold it to a customer named Martin for Rs. 18000. Find his percent of gain or loss on this transaction.

A)  5.45%                                                  

B)  3.33%

C)  5.26%                                                  

D)  5.35%

E)  None of these