Qstnid -A-10- A Shopkeeper Sells His Goods At 80% Of Their Cost Price. Find The Percent Gain Or Loses? - 08: Profit, Loss And Discount Class 8 Maths - Icse-viii-mathematics

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ICSE-VIII-Mathematics

08: Profit, Loss and Discount Class 8 Maths

with Solutions - page 2

Qstn# A-10 Prvs-Qstn Next-Qstn

#10
A shopkeeper sells his goods at 80% of their cost price. Find the percent gain or loses?
Ans : Let C.P. of goods = Rs. 100
∴ S.P. of goods = 80/100 × 100
= Rs. 80
Loss = C.P. - S.P.
= Rs. 100 - Rs. 80
= Rs. 20
Loss% = Loss/C.P. × 100
= 20/100 × 100
= 20%