Question

If the cost price of 15 tables is equal to the selling price of 20 tables, then the loss percentage is:

• A. 20%
• B. 25%
• C. 30%
• D. 35%

Hint:

For loss percentage, use the formula: \( \frac{\text{Loss}}{\text{Cost Price}} \times 100 \).

Answer 1

The Correct Option is B

Let the cost price of one table be \( C \).
Total cost price of 15 tables = \( 15C \).
Selling price of 20 tables = \( 15C \).
Selling price of one table = \( \frac{15C}{20} = 0.75C \).
Loss per table = \( C - 0.75C = 0.25C \).
Loss percentage: \[ \frac{0.25C}{C} \times 100 = 25% \]