loss or gain.
17. The selling price of 10 tables is equal to the cost price of 8 tables. Find the loss or
profit per cent
18. A bicyele is sold at a gain of 16%. Had it been sold * 100 more, the gain would have
Answers
Answered by
1
Answer:
20%
Step-by-step explanation:
Let C.P of one article =1 Rs.
Then C.P of 40 article=40 Rs.
According to the question
S.P of 50 article =C.P of 40 article=40 Rs.
We assume that C.P of one article =1Rs.
then C.P of 50 article=50 Rs.
Loss=50-40=10 Rs.
Loss %= 10/50×100=20%
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