Question

C.P of an article is 5/4 times its S.P .The profit or loss%​

Answer 1

Let SP be ₹ x.

So, CP = ₹ 5/4x = ₹ 5x/4

Since, CP > SP, there is loss.

Loss = CP - SP

= ₹ (5x/4-x)

= ₹ {(5x-4x)/4}

= ₹ x/4

Loss% = x/4 ÷ 5x/4 × 100

= x/4 × 4/5x × 100

= 1/5 × 100

= 20

Hence, the loss % is 20 %.