Preetam bought an article for ₹344 and sold it to Preeti at a loss of 20%. With this amount, Preetam bought another article and sold it at a gain of 56%. What is Preetam's overall gain percentage?

Correct option is B

First sale: Loss of 20% on ₹344 → SP = 344 × 0.80 = ₹275.20 Second article bought at ₹275.20 and sold at 56% gain: SP = 275.20 × 1.56 = ₹429.31 Overall gain = ₹429.31 − ₹344 = ₹85.31 Gain % = (85.31 / 344) × 100 ≈ 24.8% = 0.248
Explanation of options: (a) ✘ 0.271 results from rounding error or miscalculation in gain. (b) ✔ Accurate calculation gives 24.8% overall gain = 0.248 (c) ✘ 0.281 is too high based on actual math. (d) ✘ 0.274 is close but not exact.