Question

The cost price of $12$ tables is equal to the selling price of $16$ tables. The loss percent is;

• A. 15%
• B. 20%
• C. 25%
• D. 30%

Answer 1

The correct option is C 25%

Let the cost of tables = $x$

and selling price of tables =$y$

Given that:

$12x=16y\dots \left(1\right)$

Loss $\%=\frac{x-y}{x}\times 100$

Substituting the value of $y$ from equation $\left(1\right)$ in the expression obtained for Loss:

$=\frac{(x-\frac{3}{4}x)}{x}\times 100=25\%$

Loss =$25\%$