Home
Class 14
MATHS
20% loss on selling price is what per ce...

20% loss on selling price is what per cent loss on the cost price ?

A

a) `25%`

B

b) `15%`

C

c) `16(2)/(3)%`

D

d) `16(1)/(3)%`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem of finding out what percentage loss on the cost price corresponds to a 20% loss on the selling price, we can follow these steps: ### Step-by-Step Solution: 1. **Define Selling Price (SP)**: Let's assume the Selling Price (SP) is 100. 2. **Calculate Loss**: Since there is a 20% loss on the Selling Price, the loss amount can be calculated as: \[ \text{Loss} = 20\% \text{ of SP} = 20\% \text{ of } 100 = 20. \] 3. **Calculate Cost Price (CP)**: The Cost Price (CP) can be calculated using the formula: \[ \text{CP} = \text{SP} + \text{Loss} = 100 + 20 = 120. \] 4. **Calculate Loss Percentage on Cost Price**: Now, we need to find the loss percentage based on the Cost Price. The formula for loss percentage is: \[ \text{Loss Percentage} = \left( \frac{\text{Loss}}{\text{CP}} \right) \times 100. \] Substituting the values we have: \[ \text{Loss Percentage} = \left( \frac{20}{120} \right) \times 100. \] 5. **Simplify the Calculation**: Simplifying the fraction: \[ \frac{20}{120} = \frac{1}{6}. \] Therefore, \[ \text{Loss Percentage} = \frac{1}{6} \times 100 = \frac{100}{6} \approx 16.67. \] 6. **Convert to Mixed Fraction**: The decimal 16.67 can be expressed as a mixed fraction: \[ 16 \frac{2}{3}. \] ### Final Answer: Thus, a 20% loss on the selling price corresponds to a loss of **16⅔%** on the cost price.
Promotional Banner

Similar Questions

Explore conceptually related problems

The cost price of an article is 40% of the selling price. What per cent of the cost price is the selling price?

A person sold a bag for Rs 200 at a loss of 20% on the initial price. What was the cost price of the bag?

If the selling price of a flower vase is 5/6 of its cost price, find the loss per cent.