Correct option: B. 1:40:48
Explanation:
The number of seconds lost in the first week is 0.01 x 7 x 24 x 60 x 60 = 6048. The number of seconds gained in the first week is 0.02 x 7 x 24 x 60 x 60 = 2 x 6048. Net gain is 6048 seconds, i.e., 1 hour 40 minutes 48 seconds.