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ICSE-VIII-Mathematics

08: Profit, Loss and Discount Class 8 Maths

with Solutions - page 2
Qstn# A-11 Prvs-QstnNext-Qstn
  • #11
    The cost price of an article is 90% of its selling price. What is the profit or the loss as percent?
    Ans : Let S.P. of the article = Rs. 100
    ∴ C.P. of the article = 90/100 × 100
    = Rs. 90
    Gain = Rs. 100 - Rs. 90
    = Rs. 10
    Gain % = Gain/C.P. × 100
    = 10/90 × 100
    = 100/9 %
    = 11 1/9%