The ratio of the cost price and selling price is 5 : 4, the loss percent is = ?
A. 20%
B. 25%
C. 40%
D. 50%
Answer: Option A
Solution (By Examveda Team)
According to question,$$\eqalign{ & \frac{{{\text{Cost price}}}}{{{\text{Selling price}}}} = \left. {\frac{5}{4}} \right\}{\text{1 unit loss}} \cr & {\text{loss}}\% = \frac{1}{5} \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\, = 20\% {\text{ loss}} \cr} $$
This Question Belongs to Arithmetic Ability >> Profit And Loss
Join The Discussion