Question

КЕС
Maqbool bought toffees at the rate of 15 for a rupee and sold them at 12 for a rupee. His gain loss % is :
25% profit
25% loss
20% profit
20% loss​

Answer 1

Answer:

20% loss

Step-by-step explanation:

suppose he bought one toffee at rupees 15 and sold it at rupees 12

hence his loss is of 3 rupees

if he is making loss of 3 rupees on 15 rupees then he would make X loss 100 rupees

therefore the loss percentage = 3×100/15

= 100/5

= 20%