A) 20%
B) 25%
C) 40%
D) 50%
Correct Answer: A
Solution :
According to the question, \[=\frac{\text{Cost}\,\,\text{price}}{\text{Selling}\,\,\text{price}}=\frac{5}{4}\] Selling price \[=\frac{4}{5}\times \text{Cost}\,\,\,\text{price}\] Loss = Cost price \[-\] Selling price = Cost price \[-\frac{4}{5}\]Cost price \[=\frac{1}{5}\]Cost price \[\therefore \]Loss per cent\[=\frac{\frac{1}{5}\text{Cost}\,\,\text{price}\times \text{100}}{\text{Cost}\,\,\text{price}}=\frac{100}{5}=20%\]You need to login to perform this action.
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