Question

SSC Test Questions

Find the ratio of purchase price and sell price if there is loss of 12 1/2 %.

Answer 1

$loss = \frac{CP-SP}{CP} \times 100\\\\ \frac{25}{2} = \frac{CP-SP}{CP} \times 100\\\\ \frac{1}{8} = \frac{CP-SP}{CP}\\\\ CP=8(CP-SP)\\\\7CP=8SP\\\\ \frac{CP}{SP}= \frac{8}{7}$

Answer 2

Answer:

tex]loss = \frac{CP-SP}{CP} \times 100\\ \frac{25}{2} = \frac{CP-SP}{CP} \times 100\\ \frac{1}{8} = \frac{CP-SP}{CP}\\ CP=8(CP-SP)\\7CP=8SP\\ \frac{CP}{SP}= ..