The ratio of cost price and selling price is 5 : 4 then loss percentage is: - Mathematics MCQ UPTET 2021 Memory Based Paper 1 2026 | ExamTest.live

easyMCQUPTET 2021 Memory Based Paper 12026Mathematics

1 mark

The ratio of cost price and selling price is 5 : 4 then loss percentage is:

Solution & Step-by-step Explanation

Let the Cost Price (CP) = 5 x and Selling Price (SP) = 4 x . Loss = CP - SP = 5 x - 4 x = x Loss % = (\frac{Loss}{CP} \times 100) % = (\frac{x}{5 x} \times 100) % = \frac{100}{5} % = 20%

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The ratio of cost price and selling price is 5 : 4 then loss percentage is:

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