Question

if the cost price of 7 magazine is the selling price of 8 magazine find the loss percentage.

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Answer 1

Answer:

Given: C.P. of 8 articles = S.P. of 10 articles.

From the above statement we can say that, by selling 10 articles at the cost price of 8 articles, the loss is 2 articles.

∴ Loss % =

10

2

×100=20%