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    The selling price of 25 items is equal to the cost price of 20 items. What is the percentage of loss?
    Question

    The selling price of 25 items is equal to the cost price of 20 items. What is the percentage of loss?

    A.

    20%

    B.

    23%

    C.

    21%

    D.

    25%

    Correct option is A

    GIVEN:
    the cost price of 20 items = ₹20 And,
    the selling price of 25 items = ₹20
    FORMULA:
    Loss % = (Loss/Cost Price) × 100
    the selling price of 1 item = ₹20/25 = ₹0.80
    Now, Loss per item = Cost Price - Selling Price = ₹1 - ₹0.80 = ₹0.20
    = (0.20/1) × 100
     = 20%

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