By selling 8 pens, Shyam loses equal to the cost price of 2 pens. Find his loss percent
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25%
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Given: By selling 8 pens Shyam loses equal to the cost price of 2 pens.
To find: The loss percent
Let, the cost price of each pen=x$
The selling price of each pen=y$
Now to find the Loss =8x-8y
2x=8x-8y
2/8=(x-y)/x
2/8*100=(x-y)/x*100
By solving the above equation, we get
25%=loss percent.
Therefore answer: The loss percentage Shyam has by selling 8 pens equal to the cost price of 2 pens is 25 percent.
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