Teaching UPTET 2023 (Paper 1 & 2) Mock Test Quantitative Aptitude Profit and Loss

A person purchased a refrigerator for ₹18,000. After two years, he spent ₹2,500 on its repair and sold it for ₹12,300. The percentage loss is:

1
42%
2
46%
3
40%
4
44%
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