Question

Cost of 15 tables is equal to the selling price of 20 tables. Find the loss or gain percent.​

Answer 1

Answer:

Obviously, there will be loss.

C.P of 15 tables is S.P of 20 tables

Then, C.P÷S.P

Answer 2

Answer:

According to question,

C.P of 15 tables = S.P of 20 tables

SP/CP= 15/20 >5 units loss

∴ Loss%= 5/20 ×100=25