A) 120
B) 90
C) 30
D) 60
Correct Answer: D
Solution :
[d] \[\because \]Number of toffees purchased for Rs. 1= 2 \[\therefore \] Cost price of 1 toffee \[=\frac{1}{2}=\text{Rs}.0.50\] and number of toffees sold for Rs. 1 = 5 toffees \[\therefore \] Selling price of 1 toffee\[=\frac{1}{5}=\text{Rs}.0.20\] \[\therefore \] Loss percentage \[=\frac{0.50-0.20}{0.50}\times 100%\] \[=\frac{0.30}{0.50}\times 100%=\frac{3}{5}\times 100%=60%\] |
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