Question

If the cost price of $8$ articles is same as selling price of $10$ articles, then the loss percentage is:

• A. $12\%$
• B. $15\%$
• C. $20\%$
• D. none of these

Answer 1

The correct option is C $20\%$

Given: $C.P.$ of $8$ articles $=$ $S.P.$ of $10$ articles.

From the above statement we can say that, by selling 10 articles at the cost price of 8 articles, the loss is 2 articles.
$\therefore$ Loss % $=\frac{2}{10}\times 100=20\%$