Question

a shopkeer sold a toy for Rs. 96 at a loss of 20%. find the loss

Answer 1

• By given info we understand that 20% loss = ₹96 = 80% of C.P.
• = 96/80*100
• =₹120
• Loss = C.P - S.P.
• = 120 - 96
• = ₹24
• Therefore, Loss = ₹24.
• Ans. The shopkeeper incurred a loss of ₹24.