On selling 40 pens, a shopkeeper lost amount equal to the selling price of 8 pens. Find the loss percent.
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Step-by-step explanation:
let the cost of 1 pen be X
sp of 40 pens=40X
sp of 8 pens =8X
loss=40X-8X=32X
loss percentage = loss/cp*100
=32X/40X*100
=0.8*100
=80%
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