Question : A man bought 15 mangoes for a rupee. How many mangoes were sold for a rupee so that there is a loss of 25%?
Option 1: 10
Option 2: 12
Option 3: 18
Option 4: 20
Correct Answer: 20
Solution :
Here CP is the cost price and SP is the selling price.
Given: CP of 15 mangoes = Re. 1
CP of 1 mango =
Let SP of 1 mango be
To get a 25% loss, we know that,
Loss percentage =
⇒
⇒
⇒
⇒
⇒
So, 25 mangoes were sold for a rupee, so that there is a loss of 25%.
Hence, the correct answer is 20.