Question

if the selling price of 8 pencils is equal to the cost price of 10 pencils find the profit percent

Answer 1

According to this question S.P. of pencil is ₹8 and CP is ₹10

Then loss =Cp-Sp

=10-8=2

And loss%=2/10×100=20% or gain=-20%.

Answer 2

the profit percent is 25%