Multiple choice

By selling 33 articles, the loss incurred by the trader is equal to the selling price of 11 articles. Find the loss percentage?

  1. 33.33%

  2. 20%

  3. 25%

  4. 50%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let SP be the selling price per article. Loss equals SP of 11 articles, so Loss = 11 × SP. Total selling price for 33 articles = 33 × SP. Since Loss = CP - Total SP, we have CP = 33SP + 11SP = 44SP. Loss% = (Loss/CP) × 100 = (11SP/44SP) × 100 = 25%. The loss is one-quarter of the cost price.

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