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A vendor sells a refrigerator for a sum of money which is
25
18
​
of its cost price. What is his loss or profit percentage?

  1. A
    Loss, 28%
  2. B
    Profit, 25%
  3. C
    Profit, 28%
  4. D
    Loss, 25%

Solution & Step-by-step Explanation

Given relation:
Selling Price (SP)=
25
18
​
×Cost Price (CP)
CP
SP
​
=
25
18
​

Let CP=25 units and SP=18 units.
Since SP
Loss=CP−SP=25−18=7 units
Loss Percentage=(
CP
Loss
​
)×100%
Loss Percentage=
25
7
​
×100%=7×4%=28%

Practice this question

Try it yourself before checking the explanation above.

A vendor sells a refrigerator for a sum of money which is
25
18
​
of its cost price. What is his loss or profit percentage?
A
Loss, 28%
B
Profit, 25%
C
Profit, 28%
D
Loss, 25%

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