if selling price of 5 pen is equal to the cost price of 4 pen.then, find the gain or loss percent
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Answer:
Hi
Step-by-step explanation:
Selling price of pen(sp)=Cost price of pen(cp)
Let cost price(cp) of 4pens=4Rs
cost price(cp) of 5pens=5Rs
Selling price(sp) of 5pens=4Rs
Loss=Cost price(cp)-Selling price(sp)
Loss=5Rs-4Rs
Loss=1Rs
Loss percentage(%)=Loss×100/Cost price(cp)
Loss percentage(%)=1×100/5
Loss percentage(%)=100/5
Loss percentage(%)=20%
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