Question

if a shopkeeper buy 8 mangoes at 5 dollars and sell 6 mangoes at 5 dollar then. what is the percentage of PROFIT or loss?​

Answer 1

A shopkeeper will spend money to buy things, and then resell those.

The shopkeeper buys mango at the cost of 40 dollars.

Then he sells it at 30 dollars.

The shopkeeper lost 10 dollars in the hand.

Since he spent 40 dollars, the loss will be $10/40 \times 100$% or 25%.