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If the cost price of 15 books is equal t...

If the cost price of 15 books is equal to the selling price of 20 books, the loss percent is

A

16

B

20

C

24

D

25

Text Solution

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The correct Answer is:
To solve the problem, we need to find the loss percentage when the cost price of 15 books is equal to the selling price of 20 books. Here’s a step-by-step solution: ### Step 1: Establish the relationship between Cost Price (CP) and Selling Price (SP) According to the problem, the cost price of 15 books is equal to the selling price of 20 books. We can express this relationship mathematically: \[ CP \text{ of } 15 \text{ books} = SP \text{ of } 20 \text{ books} \] ### Step 2: Let’s assume the cost price of one book Let the cost price of one book be \( k \). Therefore, the cost price of 15 books will be: \[ CP = 15k \] ### Step 3: Let’s express the selling price of one book Let the selling price of one book be \( m \). Therefore, the selling price of 20 books will be: \[ SP = 20m \] ### Step 4: Set up the equation based on the relationship From the information given, we have: \[ 15k = 20m \] ### Step 5: Solve for the ratio of CP to SP To find the ratio of CP to SP, we can rearrange the equation: \[ \frac{CP}{SP} = \frac{20m}{15k} = \frac{20}{15} = \frac{4}{3} \] ### Step 6: Express CP and SP in terms of a common variable Let’s express CP and SP in terms of a common variable \( x \): \[ CP = 4x \quad \text{and} \quad SP = 3x \] ### Step 7: Calculate the loss Loss can be calculated as: \[ \text{Loss} = CP - SP = 4x - 3x = x \] ### Step 8: Calculate the loss percentage Loss percentage is calculated using the formula: \[ \text{Loss Percentage} = \left(\frac{\text{Loss}}{CP}\right) \times 100 \] Substituting the values we have: \[ \text{Loss Percentage} = \left(\frac{x}{4x}\right) \times 100 = \frac{1}{4} \times 100 = 25\% \] ### Final Answer The loss percentage is **25%**. ---
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