. If the C.P. of 25 chairs is the S.P. of 30 chairs, find the loss per cent.
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Given:
C.P of 25 chairs is equal to the S.P of 30 chairs.
To find:
Loss percent.
Solution:
Let the C.P of 1 chair be Rs.1
Then the C.P of 25 chairs = Rs.25
Now S.P of 30 chairs = C.P of 25 chairs.
Therefore, S.P of 30 chairs = Rs.25
Now, C.P of 30 chairs = Rs.30
Now, Loss = C.P-S.P
=> Rs.30-Rs.25
=> Rs.5
Loss% = loss/c.p × 100
=> 5/30 ×100
=> 100/6
=> 50/3
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