Question

A shopkeeper buys pencils at 10for rupee10 and sells them at 8 for rupee 10. Find the profit percent.

Answer 1

Answer:

CP of one pencil is Rs. 1

SP of one pencil =

total SP upon no. of pencils sold

=10 upon 8

=Rs.1.25

therefore SP of one pencil is 1.25

profit = SP-CP

profit =1.25-1

profit=0.25

profit %= profit upon CP into 100

profit %=0.25upon 1into 100

profit % = 25%

profit percent of one pencil is 25 percent