The cost price of 10 tables is equal to the selling price of 8 tables. The loss or profit percent is
loss = 20%
loss = 25%
profit = 20%
profit = 25%
Answers
Answer:
The selling price of 10 tables is equal to the cost price of 8 tables. What is the loss or profit percent?
Let the cost price of each table is $10.
Thus the cost price of 8 tables will be $80.
As per statement the selling price of 10 tables is equal to cost price of 8 tables
Thus, the selling Price of 10 tables is $80
Selling price of each table = $80/10 = $8
Loss = cost price - selling price
Loss on selling the tables is $10 –$8 = $2.
Loss% = loss/cost price × 100
Percentage loss = $2/$10 × 100 = 20%
The loss on selling the tables is 20%
Answer: The percentage loss on selling the tables is 20%
Answer:
20%
Step-by-step explanation:
the selling Price of 10 tables is $80
Selling price of each table = $80/10 = $8
Loss = cost price - selling price
Loss on selling the tables is $10 –$8 = $2.
Loss% = loss/cost price × 100
Percentage loss = $2/$10 × 100 = 20%
The loss on selling the tables is 20%
Answer: The percentage loss on selling the tables is 20%
I hope my answer helps you .