Question

If the cost price of 16 tables is equal to the selling price of 20 tables, find the gain per cent or loss
per cent.​

Answer 1

If the cost of 15 tables is equal to the selling price of 20 tables. Find the loss or gain percent. 

MEDIUM

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ANSWER

According to question,

C.P of 15 tables = S.P of 20 tables

SPCP=1520>5 units loss

∴ Loss%=205×100=25%