Question

If a shopkeeper sold a toy for rupees 96 at the loss of 20% find the loss.

Answer 1

Heya mate....

Loss of 20% means Rs 96 represents 80% of Cost Price.

=> CP = 96/80 x 100 = Rs 120

Loss=120-96 = 24

@skb

Answer 2

Loss of 20% means Rs 96 represent 80% of cost price

96/80×100=Rs 120
Loss=120-96=Rs 24