Question

Cost price of 10 human is ₹800.
Selling price of 7 human is ₹700.
Find profit or loss percent​

Answer 1

Answer:

Profit of 25% is the correct answer.

Explanation:

C.P. of 10 humans = Rs. 800

C.P. of 1 human = Rs. 80

S.P. of 7 humans = Rs. 700

S.P. of 1 human = Rs. 100

Profit on 1 human = Rs. 100 - Rs. 80

= Rs. 20

Profit % = [20/80] × 100

= 25% ←ANSWER

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Answer 2

Answer:

Profit of 20% according to the cost price

Explanation:

Because 10 human cost ₹800 but selling price of 7 people is ₹700

So the cost price of a human is: 800/10=80(₹/a human)

And the selling price is: 700/7=100(₹/a human)

So the profit percent (according to the cost price) is:

100%-($\frac{80}{100}\times{100%}$%)=80%

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