If the ratio between the suppressed price and the selling price of an item is 4: 5 then the profit percentage?
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Let C.P of one article =1 Rs.
Then C.P of 40 article=40 Rs.
According to the question
S.P of 50 article =C.P of 40 article=40 Rs.
We assume that C.P of one article =1Rs.
then C.P of 50 article=50 Rs.
Loss=50-40=10 Rs.
Loss %=
50
10
×100=20%
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