If the cost price of 12 pencil is equal to the selling price of 16 pencil find the gain or loss %
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⭐Your answer in this pic ⭐
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Answer:Cp of 12 pencils=Sp of 16 pencils.
Then,Sp/Cp
=12/16=3/4
Cp is greater than Sp
Loss%=3-4×100%/4
= 1/4×100%
=25%
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