Question

Aboy buys apen for rs.25 and sells it for rs.20. Determine his loss percent

Answer 1

Cost price = 25
Selling price = 20
Loss = C.P. -S.P.
= 25 -20 =5
Loss % = $\frac{loss}{cost \: price} \times 100$

=$\frac{5}{25} \times 100$

=5×4 =20%

Answer 2

25-20=5

5/25×100= 20

So therefore the answer is 20%