Question

if the cost price of 10 items is equal to the selling price of 8 items , then what will be the percentage profit.​

Answer 1

profit in each item will be 2.5

Answer 2

20%

Explanation:

Let's say that the 10 items cost $1 each. That would mean you spend $10.

As of that, the cost of 8 items (selling price) is also $10, meaning that you would spend $1.20 to buy the item

($1.20 - $1)/($1) = .20/1 = 1/5 = 20%