Question

. If the cost price of 20 tables is equal to the selling price of 25 tables. Find the
profit or loss percent

Answer 1

Let the cost price of 1 table be Rs. 1.

Therefore, cost price of 20 tables=20×1= Rs. 20

The selling price of 25 tables = cost price of 20 articles = Rs. 20.

Now, we know the selling price of 25 tables. Let us find the cost price of 25 tables.

Cost price of 25 tables =25×1= Rs. 25.

Therefore, profit made on sale of 25 tables= selling price of 25 tables − cost price of 25 tables

=20−25=− Rs. 5.

As the profit is in the negative, the merchant has made a loss of Rs. 5.

$\% \: loss \: = \frac{ - 5}{25} \times 100 = 20\% \: loss$

hope it helps uu

Answer 2

Let the cost price of 1 table be Rs. 1.

Therefore, cost price of 20 tables=20×1= Rs. 20

The selling price of 25 tables = cost price of 20 articles = Rs. 20.

Now, we know the selling price of 25 tables. Let us find the cost price of 25 tables.

Cost price of 25 tables =25×1= Rs. 25.

Therefore, profit made on sale of 25 tables= selling price of 25 tables − cost price of 25 tables

=20−25=− Rs. 5.

As the profit is in the negative, the merchant has made a loss of Rs. 5.

$\% \: loss \: = \frac{ - 5}{25} \times 100 = 20\% \: loss$

hope it helps uu