4. The cost price of 16 books is equal to the selling price of 30 books . Find the loss%.
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Answer:
Let the cost price of 16 books be 16x
So, the selling price of 30 books = 16x
Cost price of 1 book = 16x/16 = x
Cost price of 30 Books = 30x
Since, Cost Price > Selling Price, there is a loss.
Loss = Cost Price - Selling Price
Loss = 30x - 16x
Loss = 14x
Loss % = Loss/Cost Price × 100
Loss % = 14x/30x × 100
Loss % = 46.67%
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Answer:
Cost of 16 books is x
Cost of 1 book is x/16
Selling price of 30 books is x
Selling price of one book is x/30
Loss in one book is (x/16)-(x/30)=7x/240
Loss in x/16 is 7x/240
Loss in 15x/240 is 7x/240
Loss in 100=(7/15)*100=46.67%
Step-by-step explanation:
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