THE COST PRICE OF 16 BOXES OF STRAWBERRIES IS EQUAL TO SELLING PRICE OF 20 BOXES OF STRAWBERRIES. FIND THE GAIN OR LOSS%.
Answers
Answer :
20%
Step-by-step explanation:
S. P of 20 boxes=₹1
S. P of 1 box =₹1/20
C. P of 16 boxes is equal to S. P of 20 boxes
C. P of 16 boxes=₹1
C. P of 1 box=₹1/16
Then, gain=1/16 - 1/20
=5-4/80
=1/80
and gain%=gain÷C.P×100% = =1/80÷1/16×100% = =1/80×16/1×100%
=20%
I don't know whether it's correct or not!
let CP of 16 boxes=Rupees 1
so CP of one box=Rupees 1/16
let SP of 20 boxes=Rupees 1
so SP of one box=Rupees 1/20
CP>SP=loss
loss=CP-SP
=RS 1/16- RS 1/20
=RS 5-4/80
=RS 1/80
Loss%= loss/CP×100
=1/80 ÷ 1/16 ×100
=20%