If by selling 25 chairs there is a loss equal to cost price of 5 chairs find the loss%
Answers
Answered by
8
Your answer is -
Let, the cost of one chair is $x
So, cost of 25 chair is $25x
and cost of 5chair is $5x
loss = $5x
loss% = 5x/25x × 100
= 100/5
= 20%
hence,there is 20% loss .
Hope it helps you
Answered by
4
Let, the cost of one chair is Rs.x
So, cost of 25 chair is Rs.25x
and cost of 5chair is Rs.5x
loss = Rs.5x
loss% = 5x/25x x 100
= 100/5
= 20%
Similar questions