CCommunity
Let the cost price of 5 mangoes be Rs.x
So, the cost price of 1 mangoes = Rs.(x/5)
The selling price of 8 mangoes is equal to the cost price of 5 mangoes.
Then, the selling price of 8 mangoes = Rs.x
So, the selling price of 1 mangoes = Rs.(x/8)
Loss = Cost price – Selling price = Rs.(x/5) – (x/8) = Rs. 3x/40
Hence, the required loss percentage = [(3x/40)/(x/5)] × 100 = 300/8 = 37.5