Alfred buys an old bike for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the bike for Rs. 5800, his gain percent is?	Options:
A) 5 5/11%  B) 5%  C) 5/7%  D) 6%  E) 6/11%
Cost Price (C.P.) = Rs. (4700 + 800) = Rs. 5500.   Selling Price (S.P.) = Rs. 5800.   Gain = (S.P.) - (C.P.) = Rs.(5800 - 5500) = Rs. 300.   Gain % = 300	x 100	%	= 5	5	%   5500	11   5 5/11%)
<result>A</result>
Alfred buys an old bike for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the bike for Rs. 5800, his gain percent is?