14. The selling price of an article is. 4/5of its cost price. Find the loss percent.
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Answer:
20%
Step-by-step explanation:
Let the cost price of an item be x
We are given that the selling price of an article is of it's cost price
SP of an item =
Loss = CP - SP =
Loss% =
Loss% =
Loss% =
Loss% =
Hence the loss% is 20%
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