50 pens were bought for $250 and sold at $3.75 each. The percentage loss is *
Answers
Answered by
1
Answer:
25%
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Answered by
2
Answer:
the percentage of loss= 25%
Step-by-step explanation:
No. of pen= 50
Price of 50 pen= 250$
Price at each pen was sold= $3.75
percentage of loss= ?
Find the loss percentage
Therefore, total price at which all 50 pens were sold= 50×3.75= $187.5
Therefore, 187.5/250×100
= 18750/250
=75%
He got 75% back and remaining
=100-75
=25%
Therefore, the percentage of loss= 25%
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