The cost of 10 candles is equal to the selling price of 12 candles. Find the loss percentage.
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Answer:
The loss percentage is 20%.
Step-by-step explanation:
It is given that cost of 12 candles is equal to the selling price of 15 candles.
It means the ratio of CP and SP is 5:4.
Let the CP of candle be 5x ans SP of candle be 4x.
Formula for loss percent is
ANSWER:
Therefore the loss percentage is 20%.
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