Question 65

The ratio of the selling price to the cost price in a transaction is 4 : 5. If the selling price is ₹80, then how much is the loss?

Solution

The ratio of the selling price to the cost price in a transaction is 4 : 5.

Let's assume the selling price and cost price are 4y and 5y respectively.

If the selling price is ₹80.

4y = 80

y = 20

Loss = cost price - selling price

= 5y-4y

= y

= ₹20

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