A man sells two horses for Rs. 1475.The cost price of, the first is equal to the selling price of the second. If the first is sold at 20% loss and the second at 25% gain, what is his total gain or loss (in rupees)? a. `R s .60\ ` loss b. `R s .80 \ ` gain c. `R s .60 \ ` gain d. Neither gain nor loss

Explanation

To solve the problem step by step, we will follow the information given in the question and calculate the total gain or loss.

### Step 1: Define Variables
Let:
- \( SP_1 \) = Selling Price of the first horse
- \( SP_2 \) = Selling Price of the second horse
- \( CP_1 \) = Cost Price of the first horse
- \( CP_2 \) = Cost Price of the second horse
...