15. By selling a bucket for 24, a blacksmith loses 20
of his cost. If he sells it for 27, what profit or le
would he make?
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16
Answer:
sp =24
loss =20
cp=100/100-loss *sp
cp=100/80*24
cp=30
sp=27 and cp=30
loss =cp-sp
loss =30-27
loss =3
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