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If the cost price of 10 articles is equal to the selling price of 15 articles, then what is the loss percentage?
- A25%
- B50%
- C33.33%
- D20%
Answer not set
Discussion 1
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CCommunity
Let Cost Price(CP) of one article be Re.1
CP of 10 articles = Rs.10
Now CP of 10 articles = Selling Price (SP) of 15 articles
SP of 1 articles = 10/15 = 2/3
Loss% = [(CP - SP)/CP] × 100
= [(1 - 2/3)/1] × 100
= 33.33%
CP of 10 articles = Rs.10
Now CP of 10 articles = Selling Price (SP) of 15 articles
SP of 1 articles = 10/15 = 2/3
Loss% = [(CP - SP)/CP] × 100
= [(1 - 2/3)/1] × 100
= 33.33%