Question

A man bye a pen for 25 Rs and sells it for 23 what is the gain of losspercent

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Answer 1

Answer:

Loss percent =8%

Step-by-step explanation:

Loss= C.P-S.P

=25-23=2

LOSS PERCENTAGE=LOSS/C.P×100

=2/25×100=8%

Answer 2

Correct Question :-

• A man buys a pen for Rs 25 and sells it for Rs 23. What is the gain or loss percent?

Answer :-

• The loss percentage of the pen is 8%

To find :-

• The loss percentage of the pen.

Step-by-step explanation :-

• Here, the cost price and selling price of a pen is given to us. We have to find the gain or loss percent.  

Given that :-

• Cost price of the pen = Rs 25.

• Selling price of the pen = Rs 23.

We know that :-

• When the selling price is smaller than the cost price, there is a loss.

Here,

• The selling price (Rs 23) is smaller than the cost price (Rs 25), so there is a loss.

Now, we know that :-

$\underline{\boxed{\sf Loss = CP - SP}}$

Where,

• CP = Cost price.

• SP = Selling price.

Here,

• CP = Rs 25.
• SP = Rs 23.

Therefore,

$\Rightarrow \bf Loss = 25 - 23$

$\Rightarrow \bf Loss = Rs \: 2$

______________________

• Now, let's find the loss percentage!

We know that :-

$\underline{ \boxed{\sf{Loss \: \% = \dfrac{Loss}{CP} \times 100}}}$  

 

Where,

• CP = Cost price.

Here,

• Loss = Rs 2.
• CP = Rs 25.

Therefore,

$\longrightarrow \: \tt{ Loss \: \% = \dfrac{2}{25} \times 100}$

$\longrightarrow \: \tt{ Loss \: \% = \dfrac{2 \times 100}{25}}$  

$\longrightarrow \: \tt{Loss \: \% = \cancel{\dfrac{200}{25}}}$

$\longrightarrow \: \tt{Loss \: \% = 8 \%}$

Hence :-

• The loss percentage of the pen is 8%.