Question

If selling price of a book is 3/5 of its cost price , find loss per cent

Answer 1

Answer:

SP=(3/5)xCP

it means SP/CP=3/5

that is CP=5

SP= 3

now as per formula

Loss = CP-SP=5-3=2

it means loss %=2/5x100=40% Ans................

Step-by-step explanation: