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(9) If the cost price of 10 chairs is the sameas the selling price of 16 chairs, find thepercentage profit or loss in the sale. |
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Answer» Cost price of 10 Chairs = Selling price of 16 Chairs. Let us take , Cost of 10 chair will be 10. Cost of 1 chair will be 1. If you Sell 16 chair(16 rupees) for the same cost , definitely it will be loss. Now , find loss of money Loss money = selling price - cost price =16-10 = 6 6 rupees loss : Caluculate in percentage = (6/16)*100 loss percentage =37.5% |
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