Question

If the C.P of 15 chairs be equal to the S. P. of 20 chairs, find the loss per cent. ​

Answer 1

Answer:

25% is the Loss %

Step-by-step explanation:

let us assume CP of 1 chair = 100 rs

so 15 chairs CP = 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

Answer 2

Answer:

25%

Step-by-step explanation:

let us assume that 1 chair is cost=100 rs

so,15 chair cost=1500

When we sell 20 chairs at the cost of 15 chairs

each chair will cost=75 rs

so,loss=100-75

=25

loss%=loss/cp*100

=25/100*100

=25%

Hope this will help you