If purchase price of 36 articles is equal to the selling price of 48 articles calculate the percentage loss.
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CP of 36 articles is equal to SP of 48 articles
loss percent is?
LCM of 36 and 48 is 144
144/36=4
144/48=3
when CP is rupees 4 then the SP is rupees 3
hence cp>sp
therefore it is loss
loss = cp-sp
loss= 4-3
loss = rs. 1
loss percent = loss /cp x 100
loss percent =1/4 x 100
loss percent =25% ANS
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