Question

two times the cost price is 5 times the selling price find the loss or gain percent​

Answer 1

Answer:

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Answer 2

There is a loss of 60%.

Step-by-step explanation:

Since we have given that

two times the cost price is 5 times the selling price

According to question, it becomes,

$2CP=5SP\\\\\dfrac{CP}{SP}=\dfrac{5}{2}$

Since, CP>SP

so, there will be loss.

so, it becomes,

$\dfrac{5-2}{5}\times 100\\\\=\dfrac{3}{5}\times 100\\\\=3\times 20\\\\=60\%$

Hence, there is a loss of 60%.