If the selling price of a table is 25 percent of its cost price, then what is the loss percentage?

Explanation

If the selling price is 25% of the cost price, then loss percentage = [(Cost Price - Selling Price) ÷ Cost Price] × 100. 1. Loss = Cost Price - Selling Price = Cost Price × (1 - 0.25) = Cost Price × 0.75. 2. Loss Percentage = (0.75 ÷ 1) × 100 = 75%. Thus, the correct answer is 75 percent.