Question

If the cost of $15$ tables is equal to the selling price of $20$ tables. Find the loss or gain percent.

Answer 1

According to question,

C.P of $15$ tables $=$ S.P of $20$ tables

$\frac{CP}{SP}=\frac{20}{15}>5$ units loss

$\therefore$ Loss$\%=\frac{5}{20}\times 100=25\%$