Select the correct answerRavi buys some toffees at 2 for a rupee and sells them at 5 for a rupee. His loss percent is?Options90%120%30%60%
Question
Solution 1
To solve this problem, we first need to understand the cost price and the selling price for Ravi.
Cost Price (CP): Ravi buys toffees at 2 for a rupee. So, the cost price for one toffee is 1/2 = 0.50 rupees.
Selling Price (SP): Ravi sells the toffees at 5 for a rupee. So, the selling price fo 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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