By selling 20 pen ,a shopkeeper loses equal to the cost price of 4 pens calculate his loss per cent
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Given:
By selling 20 pens, a shopkeeper's gain is equal to the selling price of 4 pens
So,
- 20(Selling price Cost price)= 4 Selling price
- 5 (Selling price - Cost price ) = Selling price
- 5 Selling price - 5 Cost price = Selling price
- 4 Selling price = 5 Cost price
- Selling price = 5 cost price /4
So,
Gain Selling price Cost price = 5 Cost price/4 Cost price = 5 Cost price - 4 Cost price
Cost price Gain %
Cost price/ Cost price x 100 = 25%
ANSWER= 25%
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