Given below is an outline of a story. Write a meaningful and creative story using the hints given below.
A rich man ……… had many servants……… purse with lot of money is stolen from rich man’s drawer………rich man files a complaint in the police station ……… all the servants called ……… stick of same length given to each ……… servants told that stick of the thief will grow by one inch overnight ……… the thief cuts his stick by one inch ……… he is easily caught the next day.
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question ----
if the CP of 18 cycles is equal to SP of 16 cycles, find the gain or loss percent.
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%
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