The selling price of 8 shirts is equal to the purchase price of 10 shirts . What is the profit margin ?

The selling price of 8 shirts is equal to the purchase price of 10 shirts . What is the profit margin ? ?

Created: 1 week ago | Updated: 1 week ago | Created By:

Imran Ahmed

15%

20%

25%

Not possible to find out

0 1

Best Answer Explained in Below-:

CP of 10 shirts = SP of 8 shirts Let the CP of 1 shirt be Tk. x CP of 10 shirts = 10x SP of 8 shirts = 10x SP of 1 shirt = 10x/8 Profit = SP - CP = (10x/8) - x = 2x/8 The profit margin = (Profit/ CP) *100 = {(2x/8)/x}*100 = 25%

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The selling price of 8 shirts is equal to the purchase price of 10 shirts . What is the profit margin ? ?

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