Question

the selling price of 10 tables is equal to cp of 8 tables .find the loss or profit percent​

Answer 1

$\huge{\green{\underline{\underline{Answer:-}}}}$

Given:

Selling price of 10 tables is equal to cost price of 8 tables

To find:

Loss or profit percent = ?

Solution:

Let the cost price of 1 table be x

Thus cost price of 8 tables is 8 × x = 8x

As given,

Selling price of 10 tables = Cost price of 8 tables

Selling price of 10 tables = 8x

Selling price of 1 table = 8x × 1 / 10 = 0.8x

While examining,

Here, Cost price of 1 table is greater than selling price of 1 table

So, it is loss and we have to find loss percentage

Loss = Cost price - Selling price

Loss = x - 0.8x

Loss = 0.2x

Loss percentage = Loss/cost price × 100

Loss% = 0.2x/x × 100

Loss% = 0.2 × 100

Loss% = 20%

Answer:

Therefore, Loss percentage is 20%

Knowledge booster:

1. Loss = Cost price - Selling price
2. Profit = Selling price - Cost price
3. Loss% = Loss/Cost price × 100
4. Profit% = Profit/Cost price × 100
5. Solve more such questions to get good hold on it