Question

If SP of an article is 3

5

of its CP, then loss percent is

a. 40% b. 60% c. 80% d. 20%.​

Answer 1

SP = 3

CP = 5

loss percent = SP/CP ×100

= 3/5 ×100

= 3×20

= 60 percent Answer

Answer 2

SP=3/5CP

SP=3

CP=5

Then

Los%=(5-3)/5*100

=2/5*100

=2*20

=40%
So loss % is 40