Comprehension Passage
Directions (4 questions): Study the given information carefully and answer the questions that follow.
Mr. Sharma took voluntary retirement in December 2017. Thus, he received certain amount of money as retirement benefits. On January 1, 2018, he invested the entire amount which he received in shares. On 31 January, he sold all his shares which he purchased and received 30% profit in the whole transaction. On Feb 1, he invested the entire amount in shares, which he sold on Feb 28, at a loss of 15%. Again, he invested the entire amount on March 1 in another organization. At the end of the month, he sold the new organization to Mr. Verma at a profit of 25%. Again, he reinvested the entire amount in shares on April 1, which he sold at the end of the month for Rs. 117900 at 5% loss.The amount of loss incurred by Mr. Sharma based on his investment in April 2018?
1
Rs. 6300
2
Rs. 6500
3
Rs. 6700
4
Rs. 6900
5
None of these