Question

Selling price of 10 books equals cost price of 12 books. What is the profit percentage?

Answer 1

Answer:

Let the cost price of 1 book is Re 1

Cost of 12 books = Rs 12

Selling price of 10 books = 12

Profit = 12 - 10 = 2

Profit%=(Profit/Cost X 100)%=(2/10 X 100)%=20%

Step-by-step explanation:

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