Question

the cost price of 10 articles is equal to the selling price of 8. Find the profit percent or loss percent?​

Answer 1

25%

We can write it as :

10CP = 8SP

$= > \frac{cp}{sp} = \frac{8}{10}$

So profit %= Profit/cp × 100

=

$\frac{2}{8} \times 100 \\ = 25\%$