Question

9. A man buys a pen for 25 and sells it for 23.
What is the gain or loss per cent ?
(A) 5% gain
(B) 5% loss
(C) 8% gain
(D) 8% loss​

Answer 1

Answer:

This is a loss

formula= loss/cp ×100

loss = 25-23=2

CP= rs 25

so,

2/25*100 = 8% loss