A shopkeeper buy's pencils at 10 for Rs. 10 an sells them at 8 for Rs.10. Find the profit percentage.
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cost price of 10 pencils = ₹10
cost price of one pencil = 10/10 = ₹1
selling price of 8 pencils = 10
selling price of one pencil= 10/8 = ₹1.25
selling price of ten pencils = 10 *1.25 = 12.5
profit =12.5-10=2.5
profit percentage=( profit/cost price)*100
= (2.5/10)*100=0.25*100=25%
profit percentage= 25%
cost price of one pencil = 10/10 = ₹1
selling price of 8 pencils = 10
selling price of one pencil= 10/8 = ₹1.25
selling price of ten pencils = 10 *1.25 = 12.5
profit =12.5-10=2.5
profit percentage=( profit/cost price)*100
= (2.5/10)*100=0.25*100=25%
profit percentage= 25%
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