If cost price of 12 pencil is equal to the selling price of 15 pencil then loss % is ?
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Answer:
Let, CP of 12 pens = SP of 15 pens = x.
so, CP of 1 pen = x/12. so,
CP of 15 pens = 15x/12 = 5x/4.
As, 5x/4 > x
so,
there will be loss.
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