Question

A shopkeeper bought tofees at the rate of 5 for a rupee.he had to sell them at the rate of 6 rupee find his loss percent

Answer 1

Answer:

he has no loss in this trade instead he has a benefit in this

Step-by-step explanation:

Bought for = 5 per toffee

sold for = 6 per toffee

loss = 0 rupee

profit = 1 rupee

Answer 2

Answer:

Cost price of 5 toffees = rs 1

cost price of 1 toffees = rs $\dfrac{1}{5}$

Selling price of 6 toffees = rs 1

Selling price of 1 toffees = rs $\dfrac{1}{6}$

Loss = Cost price - selling price

Loss = rs $( \dfrac{1}{5} - \dfrac{1}{6} )$

Loss = rs $\dfrac{1}{30}$

Loss per cent =

$= ( \dfrac{loss}{cp} \times 100)\%$

$= ( \frac{ \dfrac{1}{30} }{ \dfrac{1}{5} } \times 100)\%$

$= \dfrac{50}{3} \%$