Question

The selling price of 10 tables is equal to the cost price of 8 tables. Find the loss or
profit per cent.


please tell me step by step
​

Answer 1

Answer:

Let the CP of 8 tables be '8x'

..Then according to the question/-

The SP of 10 tables = CP of 8 tables = 10x(given in question)

Now--

SP = 10x

CP = 8x

Here,

SP > CP = So there will be a profit.

Profit = SP - CP

Profit= 10x - 8x

Profit= 2x

Profit % = P/CP×100

Profit% = 2x/10x×100

Profit% = 20% (Answer)

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