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%