The cost price of 9 articles is equal to the selling price of 11 articles. Then the loss percentage is
A
18211%
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B
2911%
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C
1512%
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D
1612%
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Solution
The correct option is B18211% Let CP of 9 articles = SP of 11 articles = Re 1 ∴ CP of 1 article = Re. 19 SP of 1 article = Re. 111 ∴Loss=Re(19−111)=299 and Loss % = LossCP×100 ⇒29919×100=18211%