If the cost price of 18 TVs be equal to selling price of 16 TVs find the gain or loss per cent.
Answers
Answered by
4
Answer:
Let, CP of 1 TV be x.
CP of 18 TV is 18x=SP of 16 TV
CP of 16 TV =16x
Since, SP>CP
Profit=SP−CP
=18x−16x=2x
Profit(%)=
CP
profit
×100
=
16x
2x
×100
=
8
100
=12.5%
Step-by-step explanation:
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Answered by
2
ANSWER
let the CP of 1 tv be x
CP of 18 TV's is 18x = SP of 16 TV's
CP of 16 TV's = 16x
since, SP > CP
profit = SP - CP
=18x - 16x =2x
profit % = profit/CP ×100
= 2x/16x ×100
= 100/8
= 12.5% (gain)
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