Question

The selling price of 10 table is equal to the cost price of 13 tables find the loss or profit percent

Answer 1

Answer:

Friends….!

The selling price of 10 tables is equal to the cost price of 8 tables. What is the loss or profit percent?

Step-by-step explanation:

Let the cost price of each table is $10.

Thus the cost price of 8 tables will be $80.

As per statement the selling price of 10 tables is equal to cost price of 8 tables

Thus, the selling Price of 10 tables is $80

Selling price of each table = $80/10 = $8

Loss = cost price - selling price

Loss on selling the tables is $10 –$8 = $2.

Loss% = loss/cost price × 100

Percentage loss = $2/$10 × 100 = 20%

The loss on selling the tables is 20%

Answer: The percentage loss on selling the tables is 20%