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If the cost price of 15 articles be equa...

If the cost price of 15 articles be equal to the selling price of 20 articles, then find the loss % in the transaction.

A

0.16

B

0.2

C

0.25

D

0.26

Text Solution

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The correct Answer is:
To solve the problem step by step, we will follow the logic presented in the video transcript. ### Step 1: Define the Variables Let the cost price (CP) of one article be \( x \). ### Step 2: Calculate the Total Cost Price of 15 Articles The cost price of 15 articles is: \[ \text{Total CP} = 15 \times x = 15x \] ### Step 3: Calculate the Total Selling Price of 20 Articles Let the selling price (SP) of one article be \( y \). The selling price of 20 articles is: \[ \text{Total SP} = 20 \times y = 20y \] ### Step 4: Set Up the Equation According to the problem, the cost price of 15 articles is equal to the selling price of 20 articles: \[ 15x = 20y \] ### Step 5: Rearrange the Equation to Find the Ratio of SP to CP We can rearrange the equation to find the ratio of SP to CP: \[ \frac{SP}{CP} = \frac{15x}{20y} \] This simplifies to: \[ \frac{SP}{CP} = \frac{15}{20} = \frac{3}{4} \] ### Step 6: Find the Loss The loss can be calculated using the formula: \[ \text{Loss} = CP - SP \] From the ratio, we know: \[ SP = \frac{3}{4} CP \] Thus, substituting this into the loss formula gives: \[ \text{Loss} = CP - \frac{3}{4} CP = \frac{1}{4} CP \] ### Step 7: Calculate the Loss Percentage The loss percentage is calculated using the formula: \[ \text{Loss Percentage} = \left( \frac{\text{Loss}}{CP} \right) \times 100 \] Substituting the loss we found: \[ \text{Loss Percentage} = \left( \frac{\frac{1}{4} CP}{CP} \right) \times 100 = \frac{1}{4} \times 100 = 25\% \] ### Final Answer The loss percentage in the transaction is **25%**. ---

To solve the problem step by step, we will follow the logic presented in the video transcript. ### Step 1: Define the Variables Let the cost price (CP) of one article be \( x \). ### Step 2: Calculate the Total Cost Price of 15 Articles The cost price of 15 articles is: \[ ...
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