Question

A shopkeeper bought toffees at the rate of 5 for a rupee. He had to sell them
at the rate of 6 for a rupee. Find his loss per cent.​

Answer 1

Answer:

profit%=100*profit/CP

=100*6-5/5

=100*1/5

=100/5

=20

Answer 2

Answer:16.66%

6× { 5 T=₹1 } ×6

5×{ 6T=₹1 }×5

(EQUAL THE BUYING AND SELLNG RATE)

30 T =6₹ {C.P}

30T=5₹ {S.P}

LOSS%=1/6=16.66%