Question

the cost price ofvan article is 4/5times of its selling price .find the loss or gain percent​

Answer 1

Answer:

Let the CP be £80

Thus, SP is £100

Profit (gain) = £20

Profit% = 20*80/100 = 16%

Hope this helps you.

Answer 2

25 % profit

simply let SP-x then CP-4/5×x

now profit = SP-CP

= x-4x/5

= x/5

gain percent= profit/CP ×100

after putting value obtain 25% profit