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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 |
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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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