3 The cost price of 10 pencils is the selling price of 8 pencils. What – InterviewSolution

1.	3 The cost price of 10 pencils is the selling price of 8 pencils. What is the profit percentage?
Answer» CP OF 10 PENCILS=SP OF 8 PENCILSLET THE CP OF 1 PENCIL BE ₹1CP OF 10 PENCILS = ₹10SP OF 8 PENCILS = ₹10SP OF 1 PENCIL = ₹ 10/8 = ₹ 5/4SP>CPPROFIT = SP-CP= 5/4 -1= ₹1/4PROFIT % =PROFIT/CP×100= 1/4/1×100= 25%

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