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

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Sum

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

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Solution

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%

Concept: Concept of Discount
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APPEARS IN

Selina Concise Mathematics Class 8 ICSE
Chapter 8 Profit, Loss and Discount
Exercise 8 (C) | Q 6 | Page 95
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