Question 1

What is the loss percent incurred when 2 chocolates got at a rupee are sold 4 for a rupee?

Solution

chocolates got at 2 for a rupee are sold at 4 for a rupee means

C P of a chocholate is 50 paise per chocholate

S P of a chocholate is 25 paise per chocholate

loss % = $$\frac{CP - SP}{CP}\times 100$$

=$$\frac{25}{50}\times100$$

= 50%

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