The cost of 24 Pencils is the same as
Selling Price of n Pencils. If there is
a loss of 40%. What is the value of n?
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Step-by-step explanation:
Let the cost price of 1 pencil = x
Let selling price of 1 pencil = y
- (x-y)/x × 100 = 40
- 5x -5y = 2x
- 3x = 5y
- Multiplying both sides by 8:
- 24x = 40y
- But,
- 24x = ny (given)
- 40y = ny
- n = 40
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