arrow
arrow
arrow
If an article is sold at a loss of 20 percent, then what is the respective ratio of cost price and selling price of the article?
Question

If an article is sold at a loss of 20 percent, then what is the respective ratio of cost price and selling price of the article?

A.

7:4

B.

4:5

C.

5:4

D.

7:8

Correct option is C

Given:
Loss percentage = 20%
Formula Used:
Selling Price (SP) = Cost Price (CP) - Loss
Loss = (Loss% / 100) * CP
Solution:
Let the cost price (CP) be 100 units.
Loss = 20% of CP = 20 units
Therefore, Selling Price (SP) = CP - Loss = 100 - 20 = 80 units
Thus, the ratio of Cost Price (CP) to Selling Price (SP) is 100:80 or 5:4.

Free Tests

Free
Must Attempt

SSC GD PYP (Held on 4 Feb 2025 S1)

languageIcon English
  • pdpQsnIcon80 Questions
  • pdpsheetsIcon160 Marks
  • timerIcon60 Mins
languageIcon English
Free
Must Attempt

Hindi Section Test 1

languageIcon English
  • pdpQsnIcon20 Questions
  • pdpsheetsIcon40 Marks
  • timerIcon12 Mins
languageIcon English
Free
Must Attempt

SSC GD Constable Full Mock Test 1

languageIcon English
  • pdpQsnIcon80 Questions
  • pdpsheetsIcon160 Marks
  • timerIcon60 Mins
languageIcon English
test-prime-package

Access ‘SSC GD’ Mock Tests with

  • 60000+ Mocks and Previous Year Papers
  • Unlimited Re-Attempts
  • Personalised Report Card
  • 500% Refund on Final Selection
  • Largest Community
students-icon
368k+ students have already unlocked exclusive benefits with Test Prime!
Our Plans
Monthsup-arrow