Question

CP= 8 pens and SP=12 pens. find the profit and loss percent?​

Answer 1

Answer:

50% loss

Step-by-step explanation:

Let CP of 1 pen be x

So, CP of 8 pens = 8x

CP of 12 pens = 12x

Since we are given that SP of 12 pens = CP of 8 pens =8x

SO, loss % = $\frac{SP-CP}{CP} *100$

                  =12x-8x/8x*100=50%

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