Question

The spelling price of an article is three fourth of its cost price what is the loss percent

Answer 1

Greetings..!!

Let the Cost Price(C.P) be Rs x.

Then, Selling Price(S.P) = Rs 3x/4

Here , C.P > S.P , so its a loss.

Now , loss = C.P - S.P

=x - 3x/4

=4x-3x/4

⇒x/4

So , loss is Rs x/4.

∴Loss Percent = (Loss/C.P)*100

=((x/4)/x)*100

=25

Answer : Hence, Loss Percent is 25%.