Question

Cost price of 10 shirts is equal to Selling price of 8 shirts. What is the transaction?

Answer 1

Answer:

Step-by-step explanation:

Let cp of 1 shirt be x.

Cp of 10 shirts =10x

Now,

Sp of 8 shirts= cp of 10 shirts

=10x

So, sp of 10shirts=10x/8*10

=25x/2

Profit=25x/2-10x=5x/2

Profit%=5x/2*1/10x*100

=25%

Answer 2

Answer:

The profit made in selling 8 shirts is 25%.

Step-by-step explanation:

To find:-

The transaction between the cost price the selling price, i.e., the profit.

According to the question,

The cost price of 10 shirts is equal to the selling price price of 8 shirts.

Let the cost price of $1$ shirt be $x$.

Then,

The cost price of 10 shirts = 10 $\times x$

                                           = 10$x$

And the cost price of 8 shirts = 8$x$

Since the selling price of 8 shirts = The cost price of 10 shirts

⇒ SP = 10$x$

The profit earned in selling 8 shirts is,

= Selling price of $8$ shirts - Cost price of $8$ shirts

= 10$x$ - 8$x$

= 2$x$

The profit percentage of 8 shirts is,

= (Profit earned on 8 shirts/ CP of 8 shirts) $\times 100$

= $\frac{2x}{8x}\times100$

= $\frac{100}{4}$

= 25%

Therefore, the profit made in selling 8 shirts is 25%.

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