A person purchases 8 pens for ₹ 10 and sells | vedclass

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Question

Price at which he bought the pencil $=₹ \frac{10}{8}=₹ 1.25$

Price at which he sold the pencil $=₹ \frac{8}{10}=₹ 0.80$ $\%$

Profit or loss $=\f

Vedclass · Accepted Answer

$36 \%$ loss

Vedclass · Answer

Price at which he bought the pencil $=₹ \frac{10}{8}=₹ 1.25$

Price at which he sold the pencil $=₹ \frac{8}{10}=₹ 0.80$ $\%$

Profit or loss $=\frac{0.8-1.25}{1.25}=\frac{-0.45}{1.25}=-36 \%$

$\%$ Profit or loss $=\frac{8 	imes 8-10 	imes 10}{10 	imes 10} 	imes 100=\frac{-3600}{100}=-36 \%$

$	herefore \quad \%$ loss $=36 \%$

A person purchases $8$ pens for ₹ $10$ and sells $10$ pens for ₹ $8.$ How much profit or loss does he make in ?

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