Question

If cast price of 5 tables is equal to the selling price of 4 tables. Find the loss or profit percentage.

Answer 1

Answer:

It is obviously profit ....... for profit percentage 5/4x100

Answer 2

Required Solution:

Given:

• Cost price of 5 tables is equal to the selling price of 4 tables.

To calculate:

• Find the loss or profit percentage.

Calculation:

LCM of 5 and 4 = 20

Let the C.P of 5 tables be ₹20.

Then,C.P of 1 table = $₹ \dfrac{20}{5} = ₹4$

Also, S.P of 4 tables = ₹20

$\therefore$ S.P of 1 table = $₹ \dfrac{20}{4} = ₹5$

Since,

• S.P > C.P

So,there is profit.

• Profit = S.P - C.P

→ Profit = ₹ ( 5 - 4 )

→ Profit = ₹1

$\therefore \: Profit \% = \dfrac{Profit}{C.P} \times 100$

→ Profit % $\dfrac{1}{\cancel{4}} \times \cancel{100}$

→ Profit % $= 25\%$

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