Ajay bought 100 pencils for 250. He was not
very good at calculations and made a mistake in
fixing his selling price. When he sold his pencils,
he incurred a total loss equal to the selling price
of 25 pencils. Find his loss per cent.
It's anwer is 19% but how
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Cost price of 100 pencil= Rs.250
Let selling price of one pencil=x
Total selling price =100x
Total loss = selling price of 25 pencil=25x
250−100x=25x
125x=250
x=2
Total Loss = 25×2=50
Required loss percent =50*100/20 =20%
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