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The cost price of 19 articles is same as...

The cost price of 19 articles is same as the selling price of 29 articles. What is the loss `%`?

A

`35%`

B

`34.48%`

C

`52.63%`

D

none of these

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AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow the reasoning laid out in the video transcript. ### Step 1: Define the Cost Price (CP) and Selling Price (SP) Let the cost price of one article be \( x \). Therefore, the cost price of 19 articles will be: \[ \text{CP of 19 articles} = 19x \] Let the selling price of one article be \( y \). Therefore, the selling price of 29 articles will be: \[ \text{SP of 29 articles} = 29y \] ### Step 2: Set Up the Equation According to the problem, the cost price of 19 articles is equal to the selling price of 29 articles: \[ 19x = 29y \] ### Step 3: Find the Ratio of CP to SP We can rearrange the equation to find the ratio of \( x \) to \( y \): \[ \frac{x}{y} = \frac{29}{19} \] ### Step 4: Calculate the Loss To find the loss, we first need to determine how much we lose per article. The loss per article can be calculated as: \[ \text{Loss} = \text{CP} - \text{SP} = x - y \] Using the ratio we found earlier, we can express \( y \) in terms of \( x \): \[ y = \frac{19}{29}x \] Now substituting this into the loss formula: \[ \text{Loss} = x - \frac{19}{29}x = x\left(1 - \frac{19}{29}\right) = x\left(\frac{29 - 19}{29}\right) = x\left(\frac{10}{29}\right) \] ### Step 5: Calculate the Loss Percentage The loss percentage is given by: \[ \text{Loss Percentage} = \left(\frac{\text{Loss}}{\text{CP}}\right) \times 100 \] Substituting the values we have: \[ \text{Loss Percentage} = \left(\frac{x \left(\frac{10}{29}\right)}{x}\right) \times 100 = \left(\frac{10}{29}\right) \times 100 \] Calculating this gives: \[ \text{Loss Percentage} = \frac{1000}{29} \approx 34.48\% \] ### Final Answer The loss percentage is approximately \( 34.48\% \). ---
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