Ram buys an article 8/4 of MRP and sells it to Mina at 9% more than MRP What…

Step-by-Step Solution

1. Understand the Cost Price (CP):

   • The problem states Ram buys the article at 8/4 of the MRP.

   • 8/4 = 2.

   • Therefore, CP = 2 * MRP. Let's assume MRP = 100.

   • CP = 2 * 100 = 200.

2. Understand the Selling Price (SP):

   • Ram sells it to Mina at 9% more than the MRP.

   • SP = MRP + 9% of MRP

   • SP = 100 + 9 = 109.

3. Calculate the Loss:

   • Loss = CP - SP

   • Loss = 200 - 109 = 91.

4. Calculate the Loss Percentage:

   • Loss % = (Loss / CP) * 100

   • Loss % = (91 / 200) * 100

   • Loss % = 91 / 2 = 45.5%.