Question

The cost price of 13 chairs is the same as the selling price of 18 chairs. Find the
ain or loss per cent. .​

Answer 1

Answer:

27.78%

Step-by-step explanation:

C.P of 13 chairs = S.P of 18 chairs.

⇒13 CP=18 SP

SP= 13CP/18

S.P/C.P = 13/18

⇒SP=<CP

⇒ There will be loss.

loss %= (CP−SP)/C.P ×100

=[1− S.P/C.P]×100

=[1− 13/18 ]×100=

5/18×100

= 250/9

=27.78%

∴ There will be a loss of 27.78%