Profit and loss

Mental Ability (N tehsildar)

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If the cost price of 15 tables be equal to the selling price of 20 tables, the loss per cent in the transaction is ?

18%

20%

25%

24%

Explanation:

Let the Cost price of 1 table is C.P and Selling Price of 1 table is S.P.
=> 15 C.P = 20 S.P
C.P/S.P = 20/15 = 4/3
Or C.P : S.P = 4 : 3
L% = L/C.P * 100%
L% = 1/4 * 100% = 25%

By: Deepak Dawra

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