Multiple Choice Questions on By selling 15 toffees a shopkeeper loses the selling price of 5 toffees What is his loss percent nbs........... for CDS Exam Preparation

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Multiple Choice Questions

By selling 15 toffees a shopkeeper loses the selling price of 5 toffees What is his loss percent nbs...........

Quantitative Aptitude (CDS) Profit and loss
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    By selling 15 toffees, a shopkeeper loses the selling price of 5 toffees. What is his loss percent?

     

    30%

    Incorrect Answer

    33\tfrac{1}{3}%

    Correct Answer

    25 ½ %

    Incorrect Answer

     40%

    Incorrect Answer
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    Explanation:

     Let the sp of one toffee  = Re. 1 
           SP of 15 toffees  = Rs. 15 
           Loss = Rs. 5 
            CP= SP +Loss
           15+5 = 20
           Percentage loss = (loss/ CP)100
            = (5/15)100 = 33\tfrac{1}{3}%

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