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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% |
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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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