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If the cost price of 20 books is the same as selling price of 25 books, then the loss percentage is
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- 20
- 25
- 22
- 24
Correct Option: A
Let the C.P. of each book be Re. 1.
∴ Total C.P. of 25 books = Rs. 25
Their S.P. = Rs. 20
If C.P. > S.P. , then
Loss = C.P. of 25 books - S.P. of 25 books = 25 - 20 = Rs. 5
∴ Loss percent = | Loss | × 100 | |||
C.P. of 25 books |
= | × 100 = 20% | 25 |