Question

If the cost price of 10 books is equal to the selling price of 8 books.Find the profit and loss

Answer 1

Step-by-step explanation:

LET CP 8 x

AND,SP 10 x

Since,S.P. is greater than c.p.

So,gain-10x-8x=2x

So,gain%=gain/c.p.*100

=2x/8x*100

=25%