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Profit and Loss

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  1. If the cost price of 15 tables be equal to the selling price of 20 tables, the loss per cent is ?
    1. 20%
    2. 30%
    3. 25%
    4. 37.5%
Correct Option: C

Let C.P. of each table = Re. 1
C.P. of 20 tables = Rs. 20
S.P. of 20 table = C.P. of 15 tables = Rs. 15
∴ loss = (5/20) x 100 % = 25%


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