the cost price of 16 books is equal to the selling price of 30 books find the gain percent
Answers
Answered by
10
Answer
CP of 1 book= 10
CP of 16 books= 160
CP of 16 books= SP of 30 books
160 = SP of 30 books
SP of 1 book = 160/30= 16/3
Therefore there is a loss
Loss= 10-16/3
= 14/3
Loss%= 14/3/10*100
=4666.66%
Hope it helps....!!
Answered by
0
Answer:
Thus selling price of 30 books will be 30x
Cost price of 16 books will be 30x
Cost price of one book is 30x/16 =1.875 x
As the cost price of one boom is more than the selling price of one book hence there will be loss. There is no gain
We know Loss % = (cost price - selling price)/cost price ×100
Loss % = (1.875x - x)/1.875x × 100
= 0.875x/1.875 x × 100
= 0.46666666666 × 100
Loss = 46.67%
There was 46.67% loss on sale of books
Similar questions