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manmohan yadav

· started a discussion

· 1 Months ago

correct answer will be 60% (Question: 198222.0 )

loss and gain always calculated on cp .In this question loss is calculated on sp.

Question:
If the cost price of 10 articles is equal to the selling price of 16 articles, then the loss percent is –
Options:
A) 30%
B) 37.5%
C) 42.5%
D) 45%
Solution:
Ans: (b) 

C.P. of 10 articles = S.P. of 16 articles

\(\cfrac{C.P}{S.P} = \cfrac{16}{10}\) 

So, loss percent = \(\cfrac{16 - 10}{16}\) × 100

= 37.5%

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