1.

Mohit bought a stereo for Rs. 5,863 & spent Rs. 1,370 on its repairs then sold it for Rs. 5,700 what is his loss percent?1. 6%2. 4%3. 21.19%4. 3%

Answer» Correct Answer - Option 3 : 21.19%

Given: 

Mohit bought a stereo is Rs. 5,863 

Formula Used: 

Loss% =(Loss/CP) × 100 

Calculation: 

Loss = (5,863 + 1,370) - 5,700 = 1,533

Loss% = 1,533/(5,863 + 1,370) × 100 = 21.19%

∴ The required answer is 21.19% 



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