Question

If the cost price of 10 chairs is the same
as the selling price of 16 chairs, find the
percentage profit or loss in the sale.

Answer 1

Answer:

6 % profit he got .is your required answer

Answer 2

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%