An article costs Rs 1500 and 2 points
its selling price is 5/4 times of
its cost find its selling price *
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Answer:
20%
Step-by-step explanation:S.P of an article =₹1,200
We know that
C.P = 5/4 of S.P
Substituting the values
=5/4×1200
=₹1,500
Loss = C.P – S.P
Substituting the values
=1500–1200
=₹300
Loss percent =(loss×100)/C.P
Substituting the values
=(300×100)/1500
So we get
=100/5
=20%
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