Question

if the cost price of 16 tables is equal to the selling price of 20 tables find the gain percent or loss percent​

Answer 1

Answer:

Loss of 20% per table.

Step-by-step explanation:

The ratio of CP to SP is 4:5

So, if CP of 1 table is x, then SP of that table would be (16/20)*x or 0.8*x

Loss%=(CP - SP)*100

Loss%=(x - 0.8*x)*100

Loss%=0.2*x*100

Loss%=20*x = 20% per table

Answer 2

Cp=16 table

SP=20 table

CP\SP=16\20>4 unit loss

.•. loss%=4/20×100=20%