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