Knowee
Questions
Features
Study Tools

answerIf the cost price of 15 tables be equal to the selling price of 20 tables, the loss per cent is?

Question

answerIf the cost price of 15 tables be equal to the selling price of 20 tables, the loss per cent is?

🧐 Not the exact question you are looking for?Go ask a question

Solution

Let's solve this step by step:

Step 1: Assume the cost price of each table is 1.Therefore,thecostpriceof15tablesis1. Therefore, the cost price of 15 tables is 15.

Step 2: According to the problem, the selling price of 20 tables is also 15.So,thesellingpriceofeachtableis15. So, the selling price of each table is 15/20 = $0.75.

Step 3: The loss on each table is the cost price minus the selling price, which is 11 - 0.75 = $0.25.

Step 4: The loss percentage is calculated by dividing the loss by the cost price and then multiplying by 100. So, the loss percentage is (0.25/0.25/1) * 100 = 25%.

Therefore, the loss percent is 25%.

This problem has been solved

Similar Questions

The selling price of 21 articles is equal to the cost price of 18 articles. Find the loss percent?.

A sells 2 TV sets at same price, one at a loss of 15% and another at a profit of 15%. Find the loss/gain percentage in the overall transaction?

The selling price of x articles is the same as the cost price of 12 articles. If the profit is 20%, then what is the value of x?

Cost price of 18 pens is equal to selling price of 21 pens. Find the net gain or loss% ?Question 20Answera.16.66% profitb.14.28% lossc.14.28% profitd.16.66% loss

the correct answerThe cost price of 18 articles is equal to the selling price of 15 articles. The gain percent is?

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.