CP of 8 things is equal to the SP of 12 things then what is the loss
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33.33% loss
Step-by-step explanation:
Suppose, sp of 12 things =12rupees (i.e. price of 1 thing is Rs. 1)
So, the cp 8 things is also Rs. 12 (i.e. price of 1 thing is Rs.1.5)
on selling a thing the loss is Rs. .5
Therefore, loss % is = .5/1.5×100
= 33.33%
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