Question

Ravi buys some toffes at 2 for a rupee and sells them at 5 for a rupee . His loss percent is
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Answer 1

CP= 2 toffee =₹ 1

SP= 5 toffee =₹ 1

Loss = 3

Loss%= 3/5 × 100 = 300/5 =60

Loss %= 60%