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Aptitude · Q404

Profit And Loss

Competitive Exams · Aptitude · question 404

Q404

By what fraction selling price must be multiplied to get the cost price, if the loss is 20% = ?

A.
B.
C.
Answer
D.

Answer: Option C

Solution

Answer: Option C
Solution:

It Cost price = 5 units
Loss = 1 units
Selling price = 5 - 1 = 4 units
Selling price = 4
we make it equal to Cost price that is (5)
So, we multiply Selling price by