Selling price of 16 books is equal to cost price of 15 books.Find the lost percentage?
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Let Cost price of one book = Re.1
Cost of 15books = Rs.15 = Selling price of 16books
Selling price of 16books = Rs.15
Cost price of 16books = Rs.16
loss = 15 - 16 = -1 so loss
percent = 1/16 x 100 = 6.25%
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