(i) If the C.P. of 6 articles is equal to the S.P. of 4 articles, find the gain per
(ii) If the C.P. of 15 chairs be equal to the S.P. of 20 chairs, find the loss per ce
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Answer:
Let the cost price of one article be Rs.x
Therefore,
Cost price of 6 article =6x
Cost price of 4 articles =4x
Given that the selling price of 4 articles is equal to the cost price of 6 articles.
∴ Selling price of 4 articles =6x
Gain % = selling price−cost price/cost price × 100
∴Gain% = 6x−4x / 4x × 100
⇒Gain % = 2x/4x × 100 = 50%
Hence the gain % is 50%.
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let us assume CP of 1 chair = Rs.100
so 15 chairs CP = Rs.1500
when we sell 20 chairs at 1500
each chair cost = 75
so loss = CP - SP
Loss = 100 - 75 = 25
loss % = Loss/cp * 100
25/100 * 100 = 25% loss
:)
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