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      Question

      If a man purchases 15 tables for Rs. 25 and sells 25

      tables for Rs.15. How much profit or loss percent does he make?
      A 68% Profit Correct Answer Incorrect Answer
      B 64% Loss Correct Answer Incorrect Answer
      C 96% Profit Correct Answer Incorrect Answer
      D 85% Loss Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      CP of 15 tables = 25 
      CP of 1 table = 25/15 = 5/3

      SP of 25 tables = 15 
      SP of 1 table = 15/25 = 3/5 Loss = 5/3 – 3/5 = 16/15 Loss % = (16/15) × 100/(5/3) = 64% 

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