Question

If the cost price of 10 shirts is equal to
the selling price of 8 shirts, then which
of the following is true for the
transaction? *
(2 Points)
Profit of 25%
Loss of 25%
Profit of 20%
Loss of 20%​

Answer 1

Answer:

10 × Cp = 8 × sp

cp : sp = 8 : 10 = 4 : 5

p% = 100 / 4 = 25%