Open In App

We use cookies to ensure you have the best browsing experience on our website. By using our site, you acknowledge that you have read and understood our Cookie Policy & Privacy Policy

QA – Placement Quizzes | Profit and Loss | Question 12

If cost price of 15 pen is equal to Selling price of 20 pens, what is the gain or loss percent?
(A) 25% Loss
(B) 25% Profit
(C) 30% Loss
(D) 30% Profit

Answer: (A)
Explanation: Suppose CP of 1 pen = x

CP of 15 pen = 15x = SP of 20 pen



SP of 1 Pen = 15x/20

SP of 15 Pen = 15x *15/20 (as we have to bring number of pens sold and purchased to be equal, so say we are considering everything for 15 pens)



Loss on 15 pens = CP of 15 pen-SP of 15 pen = 15x – 225x/20 = 75x/20

Loss% = [Loss/CP]. 100 = [(75x/40)/15x]. 100 = 25%
Quiz of this Question

Article Tags :
QA – Placement Quizzes
Recommended Articles
1. QA - Placement Quizzes | Profit and Loss | Question 1
2. QA - Placement Quizzes | Profit and Loss | Question 2
3. QA - Placement Quizzes | Profit and Loss | Question 3
4. QA - Placement Quizzes | Profit and Loss | Question 4
5. QA - Placement Quizzes | Profit and Loss | Question 5
6. QA - Placement Quizzes | Profit and Loss | Question 6
7. QA - Placement Quizzes | Profit and Loss | Question 7
8. QA - Placement Quizzes | Profit and Loss | Question 8
9. QA - Placement Quizzes | Profit and Loss | Question 9
10. QA - Placement Quizzes | Profit and Loss | Question 10
11. QA - Placement Quizzes | Profit and Loss | Question 11
12. QA - Placement Quizzes | Profit and Loss | Question 13
13. QA - Placement Quizzes | Profit and Loss | Question 14
14. QA - Placement Quizzes | Profit and Loss | Question 15
15. Loss when two items are sold at same price and same percentage profit/loss
16. Find cost price from given selling price and profit or loss percentage
17. Profit and Loss Questions
18. QA - Placement Quizzes | Numbers, LCM and HCF | Question 1
19. QA - Placement Quizzes | Numbers, LCM and HCF | Question 2
20. QA - Placement Quizzes | Numbers, LCM and HCF | Question 3
21. QA - Placement Quizzes | Numbers, LCM and HCF | Question 4
22. QA - Placement Quizzes | Numbers, LCM and HCF | Question 5
23. QA - Placement Quizzes | Numbers, LCM and HCF | Question 6
24. QA - Placement Quizzes | Numbers, LCM and HCF | Question 7
25. QA - Placement Quizzes | Numbers, LCM and HCF | Question 8