Question

if the cost price of 25 chairs is equals to the selling price of 30 chairs find the loss percentage

Answer 1

Hey dear!!

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Let the cost price of one chair be Re.1.

Therefore, cost price of 25 chairs = Rs.25

CP of 25 chairs = SP of 30 chairs

Therefore, selling price of 30 chairs is Rs.25

And cost price of 30 chairs is Rs.30.

Loss = CP - SP
= 30 - 25
= Rs.5

Loss% = loss/CP × 100
= 5/30 × 100
= 16.66%

Therefore, the loss percent is 16.66%.

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Hope helped!!