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3 years ago

An article bought for Rs1000 is sold in fourth-fift of the cost prize . What is the profit percentage?

Mathematics

1 answer:

adoni [48]3 years ago

4 0

Answer:

-20%

Step-by-step explanation:

Given that :

Purchase price = Rs1000

Price sold = 4/5 of the purchase price

Price sold = 4/5 * 1000 = Rs. 800

Profit Percentage :

(price sold - purchase price) / purchase price * 100%

(800 - 1000) / 1000 * 100%

(-200 / 1000) * 100%

-0.2 * 100%

-20%

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