Question

By selling 8 pens, Shyam loses equal to the cost price of 2 pens. Find his loss percent.

Answer 1

Let C.P. of 1 pen = Rs.1

C.P. of 2 pens = Rs.2

and C.P. of 8 pens = Rs.8

Loss = Rs.2 ….[Loss = C.P. of 2 Pens]

Loss% = `1/4xx100`= 25%