Question

if the selling price of an article is 4/5th of its cost price ,find the gain per cent

Answer 1

cost price/500 percent

Answer 2

Greetings..!!

Let the Cost Price(C.P) of the article be Rs x .

then, according to the question ,

Selling Price(S.P) = Rs 4x/5

here , S.P < C.P , so its a loss.

So, loss  =  C.P - S.P

⇒(x) - (4x/5)

⇒x/5

∴ Loss Percent = (Loss/C.P) * 100

⇒(x/5)*(1/x)*100

⇒20

Answer : Hence, the loss percent is 20%.