If the Cost price of 15 pens is equal to selling price of 20pens find loss percentage
Answers
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Step-by-step explanation:
15 CP = 20 SP
CP : SP
20 : 15
% = 5/20×100
= 25%
Answered by
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Answer:
loss percentage = 25%
Step-by-step explanation:
cp of 15 pens = sp of 20 pen
let sp of 1 pen be ₹1
therefore ₹ 20 for 20 pens
₹ 20 of 20 pens = cp of 15 pens
therefore cp of 15 pens = ₹20
cp of 1 pen = ₹20/15 = ₹4/3
since cp = 4/3 and sp = 1
we will equalize the denominator
cp = 4/3 and sp = 3/3
cp> sp
therefore loss incurred
loss % = loss/cp x 100
loss = cp - sp = 4/3 - 3/3 = 1/3
= 1/3/ 4/3 x 100
= 25 %
i hope you understand
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