A. 1.5% gain

B. 2% gain

C. 1.5% loss

D. 2% loss

E. None of these

A man bought a horse and a carriage for 3000. He sold the horse at a gain of 20% and the carriage at a loss 10%, thereby gaining 2% on the whole. Find the cost of the horse.

The profit earned after selling a T-shin for Rs. 575/- is the same as loss incurred after selling the same T-shirt for Rs. 295/-. What is the cost price of the T-shirt?