Question : If the cost price of 10 articles is equal to the selling price of 16 articles, then the loss percentage is:
Option 1: 30%
Option 2: 37.5%
Option 3: 42.5%
Option 4: 45%
Correct Answer: 37.5%
Solution : Given: The cost price (CP) of 10 articles is equal to the selling price (SP) of 16 articles. Let the CP of each article = Re. 1 Then, CP of 16 articles = Rs. 16 SP of 16 articles = CP of 10 articles = Rs. 10 Loss = CP of 16 articles – SP of 16 articles = 16 – 10 = Rs. 6 $\therefore$ Loss percentage = $\frac{6}{16}$ × 100 = 37.5% Hence, the correct answer is 37.5%.
Result | Eligibility | Application | Selection Process | Cutoff | Admit Card | Preparation Tips
Question : If the selling price of 50 articles is equal to the cost price of 42 articles, then what is the approximate loss or profit percentage?
Question : If the selling price of 318 articles is equal to the cost price of 212 articles, then what is the loss percentage?
Question : The profit obtained on selling an article for Rs. 310 is equal to the loss incurred on selling that article for Rs. 230. What will be the loss percentage when the selling price is Rs. 180?
Question : By selling 24 items, a shopkeeper gains the selling price of 4 items. His gain percentage is:
Question : The cost price of an article is Rs. 1200. On buying four such articles, the customer gets one for free. If the selling price of each article is Rs. 1800, determine the net percentage profit earned by the shopkeeper on selling four articles.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile