the cost of 12 pens is equal to the so of 15 pens . find the loss percent
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so, CP of 1 pen = x/12. so, CP of 15 pens = 15x/12 = 5x/4. As, 5x/4 > x, so, there will be loss. Loss% = [{(5x/4)-x) / 5x/4] x 100 = 1/5 x100 = 20%.
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the loss percentage is 20%.
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