Question

If the ratio of cost price and selling price is 4:3, find the profit or loss percentage.​.​

Answer 1

Answer:

Loss% = 25%

Step-by-step explanation:

Let CP be 4x and SP be 3x

CP > SP

Loss = CP - SP

        = 4x - 3x

        = x

Loss% = (Loss/CP) x 100

          = (x/4x) x 100

          = 25%

Answer 2

Answer:

25%

Step-by-step explanation:

Suppose

CP=4, SP=3

Loss= 4-3 = 1

loss percentage = Loss*100/CP

                           =1*100/4

                           =100/4=25%