If the cost price if 20 eggs is equal to the selling price of 25 eggs. Find the loss percent
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It is stated that, the cost price of 20 eggs is equal to the selling price of 25 eggs.
Let, the cost price of 1 egg be, 'n'.
∴ The cost price of 20 eggs = (n×20)
= 20n
∴ The cost price of 25 eggs = (n×25)
= 25n
According the question the selling price of 25 eggs is 20n
∴ Loss = (25n-20n)
= 5n
∴ Loss% = (5n×100)/25n
= (100/5)
= 20%
∴ The loss is 20%
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