Question

If the cost price of 25 sofas is equal to the selling price of 30 sofas. Find the gain or loss percent​

Answer 1

Answer:

Step-by-step explanation:

SP = selling price

CP= cost price

Let the price of the sofa be x

So price of 25 sofa = 25x

Price of 30 sofa= 30x

CP of 25x = SP of 30x

Since CP of 25x< SP of 25x

It is a loss

Loss= CP -SP

Loss = 30x -25x

Loss= 5x ans.