If selling price of 5 bottles is equal to the cost price of 4 bottles the gain or loss percent is.
Answers
Answered by
4
Answer:
Loss percent is 20 percent.
Step-by-step explanation:
Let C.P. be 100
CP of 4 bottle is 400
Let SP be x
Therefore, 5x = 400
x = 80.
Since SP is less than CP, it's a loss.
Loss percent = loss / CP * 100 percent.
Therefore it's 20 percent.
Hope I helped you .
Thanks.
Similar questions