Question

6.
If the cost price of 10 chairs be equal to the selling price of 18
chairs, then the loss percentage is:
b) 44 %
d) 37.55%
c) 20%​

Answer 1

Answer:

Ans. of your question is-

option c) 20%

Answer 2

Answer:

Let, CP of 1 chair be x.

CP of 18 chairs is 18x=SP of 16 chairs.

CP of 16 chairs =16x

Since, SP>CP

Profit=SP−CP

=18x−16x=2x

Profit(%)=

CP

profit

×100

=

16x

2x

×100

=

8

100

=12.5%