Practicing Success
The cost price 15 articles is equal to the selling price of 20 articles. Find the loss percentage. |
20% 30% 40% 25% |
25% |
Cost price of 15 articles = Selling price of 20 articles Assume cost price of 1 article be 'x' cost price of 15 article = 15x Cost price of 20 articles = 20x But, originally Selling price of 20 articles = 15x Loss = Cost price of 20 articles-Selling price of 20 articles = 20x-15x = 5x Loss% = Loss×100/Cost price of 20 articles = 5x × 100/20x = 25% The correct answer is Option (4) → 25% |