By selling 35 greeting cards, a shopkeeper loses an amount equal to the selling
price of five greeting cards. Find his loss per cent.
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Answer:
Let SP of one greeting card = Rs. x
SP of 35 greeting card = Rs. 35
Loss = Rs. 5x
CP of 35 greeting card Rs. (35+5) = Rs. 40x
Loss % = (Loss / CP) * 100
(5x / 40x) * 100
= 12.5%
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