The cost price of 18 chairs is equal to the selling price of 16 chairs. Fing the gain or loss percentage?
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18cp = 16 sp
cp:sp = 16:18 or 8:9
G%= 1/8 * 100=12.5%
cp:sp = 16:18 or 8:9
G%= 1/8 * 100=12.5%
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