1.

If the cost price of 15 articles be equal to the selling price of 20 articles, then find the loss % in the transaction.A. 0.16B. 0.2C. 0.25D. 0.26

Answer» Correct Answer - C
`15 xx CP = 20 xx SP`
`rArr (SP)/(CP) = (15)/(20)`
`(SP)/(CP)-1 = (15)/(20) - 1`
`rArr (SP - CP)/(CP) = (15-20)/(20)`
= Loss `= (5)/(20)`
Loss percentage `= (5)/(20) xx 100 = 25%`


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