Question

Yasir bought an article and sold it at a price4/5 times its cost price,find his profit %and loss %.​

Answer 1

Step-by-step explanation:

let cosprice is = 5 x

then sp= 4x

loss = 5x-4x=x

loss %= x×100/5x

= 20%

hope it helps

make brainliest please

Answer 2

The loss percentage is 20%.

Step-by-step explanation:

Let the cost price be x.

We are given that he sold article at a price 4/5 times its cost price

$\sf so, \: selling \: price \: = \frac{4}{5} x$

CP>SP

So, Loss

$\sf \: \color{purple}Loss \: = CP - SP = \color{black}x - \frac{4}{5} x = 0.2x$

$\sf \: Loss\% = \frac{Loss}{CP} \times 100$

$\sf \: Loss\% = \frac{0.2x}{x} \times 100$

$\sf \: Loss \: \% = 20\%$

Hence The loss percentage is 20%.