Comprehension Passage

Direction: Answer the following questions from data mentioned in caselet

A contractor builds an arcade with 25 apartments and 15 shops. Also, his site consists of 16 houses wherein he has partnered with fellow contractor wherein the profits are distributed in 2 : 1 ratios. His share in the house site is more than his partner. 4/5th of the shops and apartments were sold at 10% profit (each) but the rest cumulated up to 2 % loss of what was projected. An apartment’s cost price is 20% less than the house cost price and shop cost price is 25% less than the house cost price. Cost price of house was Rs. 60 lakhs and 75% of houses got sold at 10% profit whereas the rest incurred 12% loss.

Calculate loss from apartments and shops mentioned in the caselet.

1
Rs. 7.5 lakhs
2
Rs. 5.3 lakhs
3
Rs. 6.0 lakhs
4
Rs. 6.5 lakhs
5
None of the above

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