If the cost price of 10 chairs be equal to the selling price of 16 chairs. find the gain or loss percent
Answers
Answered by
3
Answer:
60% PROFIT
Step-by-step explanation:
10 CP = 16 SP
SP / CP = 16 / 10
SP = 16X
CP = 10X
PROFIT PERCENT =( 16X - 10X ) ÷ 10X ×100
= 6 / 10 ×100
= 60 % PROFIT
Answered by
3
Answer:
Let the cost price of 10 chairs be rupees 10 Then cost price of 1 chair is rupees 1 Selling price of 16 chairs is rupees 10 Cost price of 16 chairs is rupees 16 lost price is 16-10 = 6 lost percentage =(6/16)*100 Answer =37.5%or see in the picture.
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