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If Milk is purchased at 2 Rs./litre and sold at 1/2 Rs./litre then what is the percentage profit/loss?
  • a)
    No profit No loss
  • b)
    75% loss
  • c)
    75% profit
  • d)
    None of these
Correct answer is option 'B'. Can you explain this answer?
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If Milk is purchased at 2 Rs./litre and sold at 1/2 Rs./litre then what is the percentage profit/loss?a)No profit No lossb)75% lossc)75% profitd)None of theseCorrect answer is option 'B'. Can you explain this answer?
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