Math, asked by mithun543hosamani, 4 months ago

The selling price of a sofa set is 4/5 times of its cost price. Find the gain or loss as percent

Answers

Answered by somyashreenayak

3

Answer:

Loss =20%

Step-by-step explanation:

Given that S.P.=4/5 C.P. ...............1

Loss= C.P. - S.P. = C.P.-4/5C.P. ( from eq 1 )=1/5

since we know that , S.P.< C.P.

Loss%= loss/C.P.X 100 =1/5X100=20%

so loss % us 20%

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