Question

The cost price of an article is 5/4 times its selling price. Find the loss or the profit as percent.​

Answer 1

Answer:

Given, C.P.=

5

4

S.P.

Therefore, S.P.=

4

5

C.P.

Since, SP>CP, there is a gain

Gain =S.P.−C.P.=

4

5

C.P.−C.P.=

4

1

C.P.

Gain % =

C.P.

Gain

×100=

4

1

×100=25