If selling price of 75 articles is equal to cost price of 60 articles, then the approximate loss or gain percent is:

Profit of 25% No profit no loss Loss of 30% Loss of 20%

Loss of 20%

Selling price of 75 = Cost price of 60 SP : CP = 12 : 15 Loss = 15 - 12 = 3 Loss% = \(\frac{3 × 100}{15}\) = 20%