Thecostpriceof12pensisequaltothesellingpriceof10pens.findtheprofite
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let the cost price of each pencil be x
then
CP of 10 pencil=10x
sp of 10 pencil=CP of 12 pencil =12x
cp=r10xand sp=12x
profit=12x-10x
2x
profit percent=2x\10x=5/100=20 percent
then
CP of 10 pencil=10x
sp of 10 pencil=CP of 12 pencil =12x
cp=r10xand sp=12x
profit=12x-10x
2x
profit percent=2x\10x=5/100=20 percent
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