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ICSE-VIII-Mathematics

08: Profit, Loss and Discount Class 8 Maths

with Solutions - page 3
Qstn# B-4 Prvs-QstnNext-Qstn
  • #4
    By selling an article for Rs.704; a person loses 12%. Find his cost price and the loss
    Ans : S.P. of an article = Rs. 704
    Loss = 12%
    C.P. = 100/(100 - Loss%) × S.P.
    = 100/(100 - 12) × Rs. 704
    = Rs. 100/88 × 704
    = Rs. 100 × 8
    = Rs. 800
    Loss = C.P. - S.P.
    = Rs. 800 - Rs. 704
    = Rs. 96