Ravi buys some toffees at 2 for a rupee and sells them at 5 for a rupee. His loss percent is?Options120%30%60%90%

Question

Ravi buys some toffees at 2 for a rupee and sells them at 5 for a rupee. His loss percent is?Options120%30%60%90%
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Solution 1

To solve this problem, we need to first understand the cost price and selling price for Ravi.

  1. Cost Price (CP): Ravi buys toffees at 2 for a rupee. So, the cost price for one toffee is 1/2 = 0.50 rupees.

  2. Selling Price (SP): Ravi sells the toffees at 5 for a rupee. So, the selling price for on Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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