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Byju's Answer
Standard VIII
Mathematics
Prices / Charges Related to Buying and Selling
A shopkeeper ...
Question
A shopkeeper buys a tin for
R
s
.
50
and sells it for
R
s
.
46
. Find his loss or gain percentage?
A
4
% loss
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B
8
% loss
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C
4
% gain
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D
8
% gain
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Solution
The correct option is
C
8
% loss
As.
S
.
P
.
<
C
.
P
.
∴
loss
⇒
loss
=
(
C
.
P
.
−
S
.
P
.
C
.
P
.
)
×
100
=
(
50
−
46
50
)
×
100
=
8
%
l
o
s
s
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