the cost price of 16 book is equal to the selling price of 30 book find the gain percent
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Question : The cost price of 16 books is equal to the selling price of 30 books. Find the loss percent.
Solution :
Let the selling price(SP) of 1 book be Rs 1.
Then, the selling price (SP) of 16 books = Rs 16
Loss
= CP-SP
= Rs(30-16)
= Rs 14
Note : We obtained loss% = 46.666.... So we taken approx .
Anonymous:
Well done !
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Let the SP of 1 book = Rs 1
SP of 16 books = Rs 16
CP of 16 books = SP of 30 books
= Rs 30
SP of 30 books = CP of 16 books
= Rs 16
So, CP > SP
Loss = CP –SP
= 30 – 16
= Rs 14
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