the cost price of ten tables is equal to the selling price of eight tables. find the loss or gain percent.
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Answer:
25 per cent
Step-by-step explanation:
C.P. of 10 tables =x
C.P. of 1 table =x/10
C.P. of 8 tables = x/10 *8 =4x/5
S.P. of 8 tables =x
C. P. is greater than S. P.
SO, there is loss
Loss=4x/5 - x
=4x-5x
---------
5
= x/5
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