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Goods are sold by a man at 25% loss on selling price. What is the actual loss % for the man?


1. 20%
2. 25%
3. 35%
4. 15%

1 Answer

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Correct Answer - Option 1 : 20%

Given:

Goods are sold by a man at 25% loss on selling price.

Concepts used:

Loss % = (Loss/C.P.) × 100 

Loss = C.P. – S.P.

Calculation:

Let S.P. of goods be Rs. x.

⇒ 25 = (C.P. – x)/x × 100

⇒ C.P. = 5x/4

⇒ Actual Loss = (5x/4) – x = x/4

Actual loss % = (Loss/C.P.) × 100 

⇒ Actual loss % = (x/4)/5x/4 × 100 = 20%

Actual loss % is equal to 20%.

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