Question 72

If the selling price of an article is 25% of its cost price, then what will be the loss percentage?

Solution

Let the CP of the article be 100.

According to the question, SP of the article is 25 % of CP of the article , i.e. SP= 25

Hence, Loss = CP-SP = 100-25 = 75

Loss % = $$\frac{75\ \times\ 100}{100}$$ = 75 %.

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