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 = Re.1
$\therefore$ 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 % = $\frac{2}{8}\times$ 100
= $\frac{2\times 100}{8}$ = 25%