If the C.P. of 20 tables is equal to the S.P. of 25 tables. Find the profit or loss percent.
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Answer:
20% loss
Step-by-step explanation:
Given, C. P. Of 20 tables = S. P. Of 25 tables.
So, C. P. / S. P. = 25/20.
We get, C. P. > S. P. (So loss.)
Loss = C. P. - S. P. = Rs. (25-20) = Rs. 5
Loss% = {(Loss/C. P.)×100%}
= {(5/25)×100%}
= 20% {Ans.}
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