Question

a man buys of pen for rupees 25 and sells for rupees 23 what is the gain or loss percent

Answer 1

cp is greater than sp
hence there is a loss ....
loss=25-23=2 rupee
loss=loss/cp× 100
=2/25×100
=8%

Answer 2

Given Cost price of pen = 25.

Given Selling price of pen = 23.

Here, Cost price > Selling price. So, Loss has occurred.

(i)

We know that Loss = Cost price - Selling price

                                = 25 - 23

                                = 2.

(ii)

We know that Loss% = [(loss/CP) * 100]%

                                   = [(2/25] * 100)%

                                   = 8%.

Therefore, Loss% = 8%.

Hope it helps!