Question

9. If the cost price of 16 tables is equal to the selling price of 12 tables, find the gain or loss percent.​

Answer 1

Hello Mate ❤️

Answer:

30%

Explanation;

Let's Assume that the Cost of 10 Table is 100

so,.

The Cost of 16 tables = 160

thus,

The cost of One table will be = 10

( 160/100 = 10 )

Selling Price of 12 table: 160

So, SP of 1 table = ( 160/12 ) = 13

Now,

The Profit Percentage will be,

= 3/10 × 100

= 30

i.e 30%

Therefore,

It's a Profit of 30%

Thanks ☺️ ❤️

Answer 2

Answer: Profit = 33.33%

Concept : Profit and Loss

Given : Cost price of 16 tables = Selling price of 12 tables

To Find : Gain or loss percent

Step-by-step explanation:

Let the cost price of 1 table be Rs. 100.

∴ Cost Price of 16 tables = 100 × 16

                                         = Rs. 1600

According to the question :

Cost price of 16 tables = Selling price of 12 tables

∴ Selling price of 12 tables = Rs. 1600

∴ Selling price of 1 table = $\frac{1600}{12}$

                                        = Rs. $\frac{400}{3}$  = Rs. 133.33

∵ Selling price > Cost Price, it is a profit.

∴ Profit % = $\frac{Profit}{CP} * 100$   =  $\frac{33.33}{100} * 100$  = 33.33%

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