Question : If the cost price of 20 books is the same as the selling price of 25 books, then the loss percentage is:
Option 1: 20%
Option 2: 25%
Option 3: 22%
Option 4: 24%
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Correct Answer: 20%
Solution : Let each book's cost price (CP) be Rs. $x$. Selling price (SP) of 25 books = CP of 20 books = Rs. 20$x$ CP of 25 books = Rs. 25$x$ ⇒ Loss on 25 books = 25$x$ – 20$x$ = Rs. 5$x$ So, loss % $=\frac{\text{Loss}}{\text{CP}} × 100 = \frac{5x}{25x} × 100 = 20\%$ Hence, the correct answer is 20%.
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Question : A store sells a watch for a profit of 25% of its cost price. Then, the percentage of profit against the selling price is:
Option 1: 22%
Option 2: 20%
Option 3: 18%
Option 4: 15%
Question : If the cost of 20 books is equal to the selling price of 18 books, then the gain percentage is:
Option 1: $11 \frac{1}{9}$%
Option 2: $11 \frac{1}{3}$%
Option 3: $11 \frac{2}{9}$%
Option 4: $10 \frac{1}{9}$%
Question : If the cost price of 28 oranges is equal to the selling price of 24 oranges, then the profit percentage is:
Option 1: $16 \frac{2}{3}$%
Option 2: $16 \frac{1}{3}$%
Option 3: $18 \frac{2}{3}$%
Option 4: $18 \frac{1}{3}$%
Question : If the ratio of the cost price to the selling price of an article is 4 : 5, the percentage of profit will be:
Option 1: 20
Option 2: 0.1
Option 3: 10
Option 4: 25
Question : If a 10% loss is made on the selling price, the percentage of loss on the cost price will be:
Option 1: $11\frac{1}{9}\%$
Option 2: $9\frac{1}{11}\%$
Option 3: $10\%$
Option 4: $11\%$
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