If the selling price of an article is 25

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Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

If the selling price of an article is 25% of its cost price, then what will be the loss percentage?

Options:

25%

60%

75%

50%

Correct Answer:

75%

Explanation:

Selling price = 25% of Cost price

SP : CP = 1 : 4

Loss percentage = 3 × $\frac{100}{4}$ = 75%