Question

Cp of 20 chairs is equal to Sp of 16 chairs find the gain or loss percent​

Answer 1

Answer:

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Step-by-step explanation:

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Answer 2

Step-by-step explanation:

Correct option is

Correct option is

A

Gain 12.5

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(%)=CPprofit×100

=16x2x×100

=8100=12.5%