if the selling price of 16 curtains is equal to the cost price of 17 curtains. find the loss or gain percentage
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Step-by-step explanation:
let sp of 16 curtains = x= cp of 17 curtains
sp of 1 curtain =x/16
cp of 1 curtain = x/17
profit = sp-cp/ cp ×100
=x/16-x/17 / x/17 ×100
= x*17/x*(16×17) *100 = 100/16 =6.25%
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