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If the cost price of 10 articles is equal to the selling price of 16 articles, then the loss percent is
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- 30%
- 37.5%
- 42.5%
- 45%
Correct Option: B
Let C.P. of each article = $ 1
Then , C.P. of 16 articles = $ 16
S.P. of 16 articles = $ 10
Loss = C.P. of 16 articles - S.P. of 16 articles = 16 - 10 = $ 6
| Loss percent = | × 100 | C.P. of 16 articles |
| Loss percent = | × 100 = 37.5% | |
| 16 |
Second method to solve this question :
Here, p = 10, q = 16
| Loss % = |  | q - p |  | × 100 | |
| q |
| Loss % = | | 16 - 10 | | × 100 | |
| 16 |
| Loss % = | = 37.5% | 16 |
