The question is incomplete as the cost price isn't given. However, taking the cost price as x :
Answer:
Kindly check explanation
Explanation:
Given :
A car costs$cents when new. It was sold for four fifths of its cost price. How much money was lost on the car.
Let :
Cost price when new = x
Cost price when sold = 4/5 * cost price when new
Cost when sold = 4/5 of x = 4x/5
Amount of money lost on the car = (Cost price of car when new - Cost of car when sold)
Hence,
Amount of money lost on the car = (x - 4x/5)
x - 4x/5 = (5x - 4x) / 5 = x / 5
To obtain the exact price, kindly input the omitted cost when new for x.