Question

The sp of 10 tables is equal to the cp of 8 tables. Find the loss or profit percent.

Answer 1

Step-by-step explanation:

10SP =8CP

5SP=4CP

5SP-4CP=0

SP+4(SP-CP) =0

4(SP-CP)= -SP

SP-CP = -SP ×0.25

CP = SP

1.25

PROFIT/(LOSS) = SP-CP

= CP - CP

1.25

= - 0.25CP

1.25

= -1CP

5

LOSS = 0.2CP

LOSS PERCENT =

$\frac{loss}{cp} \times 100$

=0.2CP ×100

CP

=20%