(i) If the cost price of 10 fans be equal to selling price of 16 fans, find the gain or loss per cent.
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Step-by-step explanation:
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Step-by-step explanation:Let the cost price of 10 fans be a
Selling price of 16 fans = a
Cost price of one fan = a / 10
Selling price of one fan = a/16
Loss on one fan = CP - SP
= a/10 - a/16
= (72-45) /80
= a / 80
Loss percent = Loss × 100 / CP
= ( a /80) × 100 / (a / 10)
= 25/2
= 25/2%
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