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SSC MTS 2018 · PYQ · Profit and Loss · medium

The ratio of the selling price to the cost price in a transaction is 4:5. If the selling price is ₹80, then how much is the loss?

  1. A.₹30
  2. B.₹15
  3. C.₹16
  4. D.₹20✓ Correct

Explanation

SP:CP = 4:5. If SP = ₹80, then 4 units = 80, so 1 unit = 20, and CP = 5 units = ₹100. Loss = 100−80 = ₹20.
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