?
The selling price of 8 articles is same as the cost price of 10 articles. What is profit % ?
Answer & Solution
Correct Answer:
Option
A
Selling price of 8 articles = Cost price of 10 articles
8 Selling price = 10 Cost price
$$\eqalign{ & \frac{{{\text{Selling price}}}}{{{\text{Cost price}}}} = \frac{{10}}{8} \cr & {\text{Profit percentage}} \cr & = \frac{2}{8} \times 100 = 25\% \cr} $$
8 Selling price = 10 Cost price
$$\eqalign{ & \frac{{{\text{Selling price}}}}{{{\text{Cost price}}}} = \frac{{10}}{8} \cr & {\text{Profit percentage}} \cr & = \frac{2}{8} \times 100 = 25\% \cr} $$
Join the Discussion
Login to post a comment or share your explanation.
Login