Question

    The ratio of the C.P. and S.P. of an article is 15: 14.

    What is the Loss percent?
    A 6(1/3) %. Correct Answer Incorrect Answer
    B 6(2/3) %. Correct Answer Incorrect Answer
    C 4(2/3) %. Correct Answer Incorrect Answer
    D 7(2/5) %. Correct Answer Incorrect Answer

    Solution

    CP and SP =15:14 CP =15x and SP =14x Loss =15x-14x =x Loss Percentage =x/15x ×100 =100/15 =20/3 =6(2/3) %.

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