if C.P of 8 pens is equal to the S.P of 10 pens find the profit or loss percent
Answers
hey mates your answer is here
Let the cost price of 1 pen = 1. Given that Cost price of 10 pens = selling price of 12 pens. So, cost price of 12 pens = 12. Selling price of 12 pens = 10. Here ...
May be it's helpful for you.
please mark me brainliest ✌️✌️
Answer:
Given:
cost price of 8 pens is same as selling price of ten pens calculate the profit or loss percent made if all the pens bought considered to be
sold.
Find:
if all the pens bought considered to be sold (find).
Given:
Let us assume ₹1 be cost price of one pen.If the cost price of 1 pen = ₹10 than cost of 10 be it will be ₹10.
Let ₹10 be the selling price of 10 pens.
10 / 8 = ₹1.25 = CP = 1 pen.
Formula:
→ Loss = Cp - Sp
→ ₹1.25 - ₹1
→ ₹0.25
It is loss because cost price is more than selling price.
→ (Loss / Cost price) × 100
→ (0.25 / 1.25) × 100
→ 20%
Therefore, 20% is loss.