if the cost price of 15 pens is equal to the selling price of 20 pens, find the gain or loss percent.
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Let the cost price of a pen = C
So cost of 15- pens= 15C
If the selling price of a pen= S then the Selling Price of 20- pens = 20S
So 15C= 20S
S= 15/20= 3/4 C
Loss % =( C.P- S.P)/S.P x100
Loss % = (C-3/4C)/C x 100
= Loss % = 25% .
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