Question

the cost price of 10 chairs is equal to the selling price of 16 chairs find the gain or loss percent

Answer 1

6 percent is the answer

Answer 2

10 cp = 16 sp
ratio of cp and sp
cp:sp
16:10
8:5
loss % = (8-5)/8×100= 3/8×100= 300/8= 37.5 % loss