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Find the profit or loss percent if the selling price of 8 pens is equal to the cost price of 10 pens
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Find the profit or loss percent if the selling price of 8 pens is equa...
Calculation of Profit or Loss Percent
Profit or loss percentage is calculated by comparing the selling price and the cost price of the items. In this case, we are given that the selling price of 8 pens is equal to the cost price of 10 pens.
Step 1: Understand the Given Information
- Selling price of 8 pens = Cost price of 10 pens
Step 2: Calculate the Cost Price of 1 pen
To find the cost price of 1 pen, we need to divide the cost price of 10 pens by 10. This will give us the cost price of 1 pen.
Step 3: Calculate the Selling Price of 1 pen
Since the selling price of 8 pens is equal to the cost price of 10 pens, the selling price of 1 pen will be the same as the cost price of 10 pens divided by 8.
Step 4: Calculate the Profit or Loss
- Profit = Selling Price - Cost Price
- Loss = Cost Price - Selling Price
Step 5: Calculate the Profit or Loss Percentage
To calculate the profit or loss percentage, we use the formula:
Profit or Loss Percentage = (Profit or Loss / Cost Price) * 100
By following the above steps, you can calculate the profit or loss percentage when the selling price of 8 pens is equal to the cost price of 10 pens.
Profit or loss percentage is calculated by comparing the selling price and the cost price of the items. In this case, we are given that the selling price of 8 pens is equal to the cost price of 10 pens.
Step 1: Understand the Given Information
- Selling price of 8 pens = Cost price of 10 pens
Step 2: Calculate the Cost Price of 1 pen
To find the cost price of 1 pen, we need to divide the cost price of 10 pens by 10. This will give us the cost price of 1 pen.
Step 3: Calculate the Selling Price of 1 pen
Since the selling price of 8 pens is equal to the cost price of 10 pens, the selling price of 1 pen will be the same as the cost price of 10 pens divided by 8.
Step 4: Calculate the Profit or Loss
- Profit = Selling Price - Cost Price
- Loss = Cost Price - Selling Price
Step 5: Calculate the Profit or Loss Percentage
To calculate the profit or loss percentage, we use the formula:
Profit or Loss Percentage = (Profit or Loss / Cost Price) * 100
By following the above steps, you can calculate the profit or loss percentage when the selling price of 8 pens is equal to the cost price of 10 pens.
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Find the profit or loss percent if the selling price of 8 pens is equa...
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Find the profit or loss percent if the selling price of 8 pens is equal to the cost price of 10 pens
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Find the profit or loss percent if the selling price of 8 pens is equal to the cost price of 10 pens for Class 9 2024 is part of Class 9 preparation. The Question and answers have been prepared according to the Class 9 exam syllabus. Information about Find the profit or loss percent if the selling price of 8 pens is equal to the cost price of 10 pens covers all topics & solutions for Class 9 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Find the profit or loss percent if the selling price of 8 pens is equal to the cost price of 10 pens.
Find the profit or loss percent if the selling price of 8 pens is equal to the cost price of 10 pens for Class 9 2024 is part of Class 9 preparation. The Question and answers have been prepared according to the Class 9 exam syllabus. Information about Find the profit or loss percent if the selling price of 8 pens is equal to the cost price of 10 pens covers all topics & solutions for Class 9 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Find the profit or loss percent if the selling price of 8 pens is equal to the cost price of 10 pens.
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