Question

the total price of 12 items is equal to the selling price of 8 items find the profit percent

Answer 1

Answer:

The profit is 50%

Step-by-step explanation:

Let the CP of one item=10

Since,

CP of 12 items=SP of 8 items

⇒Rs(10x12)=Rs(8x)

⇒         120=8x

⇒         $\frac{120}{8}$=x

⇒           15=x

CP of One article=10

SP of One article=15

Profit%=$\frac{Profit}{CP} X 100$

           =$\frac{5}{10}X100$

           =50%

∴The seller gets a profit of 50%