percent 4 The cost price of an article is times of its 5 selling price. Find the loss or the gain as percent
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5 is taken common and is cancelled. So it's now, 1/4×100= 100/4=25% gain. Therefore the gain on the selling of the article is 25%.
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Step-by-step explanation:
Let Selling Price be x.
Cost Price is 5 times of S.P.
Cost Price = 5x
Loss = C.P. - S.P.
= 5x - x
= 4x
Loss % = (Loss/C.P.) ×100
= (4x / 5x) × 100
= 400/5
= 80 %
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