if the cost price of 12 pencils is equal to the selling price of 15 pencil then percentage loss is.
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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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