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The cost price 15 articles is equal to the selling price of 20 articles. Find the loss percentage.

Solution

Correct Option: 4

Let CP of 1 article = 1. Then CP of 20 articles = 20 and SP of 20 articles = 15 (given 15 CP = 20 SP). Loss = 2015=520-15=5. Loss% = 520×100=25%\frac{5}{20}\times 100=25\%.

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