Question

A car costs$cents when new. It was sold for four fifths of its cost price. How much money was lost on the car.

Answer 1

The question is incomplete as the cost price isn't given. However, taking the cost price as x :

Answer:

Kindly check explanation

Step-by-step explanation:

Given :

A car costs$cents when new. It was sold for four fifths of its cost price. How much money was lost on the car.

Let :

Cost price when new = x

Cost price when sold = 4/5 * cost price when new

Cost when sold = 4/5 of x = 4x/5

Amount of money lost on the car = (Cost price of car when new - Cost of car when sold)

Hence,

Amount of money lost on the car = (x - 4x/5)

x - 4x/5 = (5x - 4x) / 5 = x / 5

To obtain the exact price, kindly input the omitted cost when new for x.