Question

If the selling of an article is 4÷5th of its cost price,find the loss percent

Answer 1

Answer:

20%

Step-by-step explanation:

let c.p = 10

s.p= 4/5(c.p)

s.p= 4/5(10)=8

loss= c.p - s.p = 2

loss%= (loss*100)/ c.p = (2*100)/10 =20%

Answer 2

Answer:

let's take cp as 100

SP =100*4/5=80

loss=cp-sp

loss percentage =20/100*100=20%