Question

If by selling 25 chairs there is a loss equal to cost price of 5 chairs find the loss%

Answer 1

Let Cp be ₹1
Cp of 5 chair is = sp of 25 chair=₹5
Cp of 25 chair is=₹25
Sp of25chai is=₹5
Loss=Cp-Sp
=25-5
=20

Loss℅=loss/cp×100
$= \frac{20}{25} \times 100 \\ = 80$
Hence,he lost 80℅