By what fraction selling price (S.P.) must be multiplied to get the cost price (C.P.) if the loss is 20% ?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3
Let cost price = Rs 100
Selling price = 150 × 80/100 = Rs. 80
Factor by which the selling price must be multiplied = 100/80 = 5/4