Quantitative Aptitude Ques 541

Question: If the cost of 5 articles are the same as the selling price of 6 articles, then the loss will be [NICL (AO) 2014]

Options:

A) 25%

B) 22.5%

C) 16.67%

D) 18.75%

E) 19%

Show Answer

Answer:

Correct Answer: C

Solution:

  • [c] Here, $ x=5 $ and $ y=6 $
    $ \therefore $ Loss percentage $ =\frac{y-x}{y}\times 100 $ % $ [\because x<y] $ $ =\frac{6-5}{6}\times 100 $ % $ =\frac{100}{6} $ % = $ =\frac{50}{3} $ %. =16.6666%= 16.67%