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If The Cost Price Of 18 Chairs Be Equal To Selling Price Of 16 Chairs, Find The Gain Or Loss Percent |
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Answer» LET the COST PRICE of one chair be Rs. C SELLING price be Rs. S Therefore, 18C = 16S However, the cost price of the chair is more than that of selling price. Profit% = 1800−160018 = 20016 = 12.5% The required profit percent is 12.5% Let the cost price of one chair be Rs. C Selling price be Rs. S Therefore, 18C = 16S However, the cost price of the chair is more than that of selling price. Profit% = 1800−160018 = 20016 = 12.5% The required profit percent is 12.5% |
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