Ramesh bought 10 cycles for 500 each. He spent 2,000 on the repair of all cycles. He sold five of them for 750 each and the remaining for 550 each. Then the total gain or loss % is

• A.
• B. <table><tr><td rowspan="2"> Gain of 8</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">% </td></tr><tr><td style="text-align: center;">3</td></tr></table>
• C. <table><tr><td rowspan="2"> Loss of 8</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">% </td></tr><tr><td style="text-align: center;">3</td></tr></table>
• D. <table><tr><td rowspan="2"> Gain of 7</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>2</center></td><td rowspan="2">% </td></tr><tr><td style="text-align: center;">3</td></tr></table>
• E. <table><tr><td rowspan="2"> Loss of 7</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">% </td></tr><tr><td style="text-align: center;">7</td></tr></table>