Find the loss% if the ratio of cost price to selling price is 8 ∶ 5.

1.	Find the loss% if the ratio of cost price to selling price is 8 ∶ 5.1. 30%2. 35%3. 33%4. 37.5%
Answer» Correct Answer - Option 4 : 37.5% Given: Cost price (C.P.) ∶ Selling price (S.P.) = 8 ∶ 5. Formula used: Loss = C.P. – S.P. Loss % = (L/C.P.) × 100 Where L → Loss S.P. → Selling price C.P. → Cost price Calculations: Let the CP be 8x and SP be 5x. Then, Loss = 8x – 5x = 3x Loss % = (3x/8x) × 100 = 37.5% ∴ The required Loss% is 37.5%.

Find the loss% if the ratio of cost price to selling price is 8 ∶ 5.1. 30%2. 35%3. 33%4. 37.5%

Answer» Correct Answer - Option 4 : 37.5%

Given:

Cost price (C.P.) ∶ Selling price (S.P.) = 8 ∶ 5.

Formula used:

Loss = C.P. – S.P.

Loss % = (L/C.P.) × 100

Where

L → Loss

S.P. → Selling price

C.P. → Cost price

Calculations:

Let the CP be 8x and SP be 5x.

Then, Loss = 8x – 5x = 3x

Loss % = (3x/8x) × 100 = 37.5%

∴ The required Loss% is 37.5%.

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Find the loss% if the ratio of cost price to selling price is 8 ∶ 5.1. 30%2. 35%3. 33%4. 37.5%

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