Correct Answer - Option 4 : Loss - 28.57%
Ans: 4
Given:
the cost price of 25 articles is equal to the selling price of 35 articles.
Formula used:
profit percent = \(\frac{{selling\;price - cost\;price}}{{cost\;price}}\) × 100
loss percent = \(\frac{{cost\;price - selling\;price}}{{cost\;price}}\) × 100
Calculation:
Cost price of 25 articles = Selling price of 35 articles
⇒ (cost price of one article)/(selling price of one article) = 35/25 = 7/5
⇒ loss percent = \(\frac{{7 - \;5}}{7}\) × 100 = 200/7 = 28.57%
∴ loss percent in this transaction is 28.57%.