Practicing Success
The cost price of a car is five times of the loss incurred on selling this car. What is the loss percentage? |
25% 16.66% 20% 33.33% |
20% |
Cost price of the car = 5 timesLoss occured So the ratio of CP : Loss = 5 : 1 Loss% = 1 ×\(\frac{100}{5}\) = 20% |