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If the Cost Price of 25 chairs is equal to the selling price of 30 chairs, then the loss % is :
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- 25%
- 20%
- 5%
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16 2 % 3
Correct Option: D
Let the cost of each chair be Re. 1.
∴ C.P. of 30 chairs = Rs. 30.
Their S.P. = Rs. 25
Loss = C.P. - S.P. = 30 - 25 = Rs. 5
| ∴ Loss percent = | × 100 | |
| C.P. |
| ∴ Loss percent = | = 16 | % | 3 | 3 |
