. If the ratio of CP and SP of an article is 5:4, then the loss per cent is:
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0
Answer:
Since the ratio is 5 : 4, if the cost price is 100, the selling price will be 100×4/5 = 80.
Therefore the loss is 20 percent, as profit or loss is calculated on the cost price.
Answered by
1
CP:SP = 5:4 (which means the loss is 1 unit)
so, 5 × X% = 1
5 × X/100 = 1
X/20 = 1
X = 20% (Thus the loss is 20%)
Please, mark my answer as BRAINLIEST.
Thanks.
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