Question

The selling price of 10 table is equal to the cost price of 8 tables . Find loss or gain %

Answer 1

Step-by-step explanation:

C. P = 10 tables ( 100 % )

S.P = 8 tables ( 80 % )

C.P > S.P ( loss )

loss = 100% - 80%

= 20% loss or

- 20% profit