Ravi buys some toffees at 2 for a rupee and sells them at 5 for a rupee. His loss percent is?Options60%90%120%30%
Question
Solution 1
To solve this problem, we need to first understand the cost price and selling price for Ravi.
Cost Price: Ravi buys toffees at 2 for a rupee. So, the cost price of one toffee for Ravi is 1/2 = 0.50 rupees.
Selling Price: Ravi sells the toffees at 5 for a rupee. So, the selling price of one t Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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