Question

If the selling price of an article is 4/5th of its cost price, find the gain percent.​

Answer 1

Answer:

20%

Step-by-step explanation:

Let CP Be x

Then CP Will be 4/5 x

Since CP > SP, we will calculate loss

Loss = CP - SP

= x - 4/5 x

= 5/5 x - 4/5 x

= x/5

Loss % = loss/cp × 100

= x/5 ÷ x × 100

= 1/5 × 100

= 20%

Hope this helps ☺️