If the C.P. of 15 tables is equal to the S.P. of 20 tables, find the profit or loss per cent.
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Answered by
0
Answer:
C.P of 15 tables = S.P of 20 tables
SPCP=1520>5 units loss
∴ Loss%=205×100=25%
Answered by
3
Let CP of 1 table be Rs. 1
So CP of 15 tables = Rs. 15
CP of 15 tables = SP of 20 tables = Rs. 15
Now CP of 20 tables = Rs. 20
Since,
CP of 20 tables is greater than SP of 20 tables
There is a net loss
Loss = CP - SP = 20 - 15 = Rs. 5
So
Loss % = 5/20 × 100 = 25%
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