Multiple choice

If the selling price of an article is 25% of its cost price, then what will be the loss percentage?

  1. 25%

  2. 60%

  3. 75%

  4. 50%

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

If SP is 25% of CP, then SP = 0.25 × CP. Loss = CP - SP = CP - 0.25CP = 0.75CP. Loss percentage = (Loss/CP) × 100 = (0.75CP/CP) × 100 = 75%. A 75% loss means you retain only 25% of the original value. Option C is correct.