Question

50. By what fraction is cost price should be multiplied to get the selling price, if loss is 20%?
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Answer 1

Answer:

% loss = 20%

20% = 15

If CP = 5 units

loss = 1 unit

SP = 5 - 1 = 4 units.

SP = 4,

we make it equal to CP that is (5)

so we multiply SP by = 5/4

SP=4×5/4=5

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Answer 2

Answer:

Description for Correct answer:

% loss = 20%

20%=15

It CP = 5 units

loss = 1 unit

SP = 5 - 1

= 4 unit

SP = 4,

we make it equal to CP that is (5)

so we multiply SP by = 54

SP=4×54=5