The cost price of 12 oranges is equal to the selling price of 15 oranges. Find the loss per cent
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Answered by
1
Answer:
20%
Step-by-step explanation:
Let the cost price of each orange be ₹ 1.
According to question,
CP of 15 oranges = ₹ 15
SP of 15 oranges = CP of 12 oranges = ₹ 12
Thus, CP = ₹ 15 & SP = ₹ 12
Since CP > SP , there is a loss
Loss = CP - SP
= ₹ (15 - 12)
= ₹ 3
•°• Required loss percent
=((Loss/Cp)x100)%
= 3/15x100%
=20%
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