Ramesh Gets a Profit of 20% in One Trade and Suffers

Multiple Choice

Ramesh gets a profit of 20% in one trade and suffers a loss of 20% in the second when he sells 2 cycles for Rs. 4000 each. What is his profit or loss in the entire trade?

A) loss = 4%
B) loss = 16%
C) profit = 16%
D) profit = 4%