Question

The SP of an article is 4/5th of its CP. Find the profit or loss percentage.

Answer 1

Answer:

Loss - 20%

Step-by-step explanation:

let c.p be x

then,S.p = 4x/5

C.p >S.p

Now, Loss = C.P- S.P = X-4x/5=X/5

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