Question

By selling an article ,a man gets a loss of 25% on selling price. Find the loss percentage on cost price.

Answer 1

Answer:

Step-by-step explanation:

He gets 25% profit on the selling price.

Let SP = x; then  

CP = x-(x/4) = Rs. 3x/4.

Hence,

%gain = {(x/4)/(3x/4)}*100 = 100/3 = 33(1/3).

Answer 2

Let the selling price is 100

His loss = 25% of SP

=> loss = 25/100 × 100 = 25

So, his loss is 25 when sold at 100

So CP = 100 + 25 = 125

Actual loss % = loss/CP × 100 = 25/125 × 100 = 20%

Loss on cost price is 20%.