A merchant estimate his loss at 25% of s.P. Find his actual lost
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loss 25% sp
i.e loss/sp=25/100=1/4
cp=sp+loss=4+1=5
loss%=1/5×100=20%
i.e loss/sp=25/100=1/4
cp=sp+loss=4+1=5
loss%=1/5×100=20%
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