Question

If the cost price of 5 articles is equal to the selling price of 8 articles, the what is the loss percentage?

Answer 1

Answer:

37.5%

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Can be solved by using two methods-

Step-by-step explanation:

1)Let Sp of 1 article be Rs.1

Then,Cp of 5 articles=Sp of 8=Rs.8

Sp of 5 articles=Rs.5

loss=CP-SP

=8-5=Rs.3

Loss%=3/8 × 100=37.5%

2)Let Cp of 1 article be Rs.1

Then,CP of 8 articles=Rs.8

SP of 8 articles=CP of 5 articles=Rs.5

Loss=CP-SP

=8-5=Rs.3

Loss%=3/8 × 100=37.5%

You can also take x in the place of 1