the cp of 12 candles is equal to the SP of 15 candles . Find the profit or loss percentage
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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.
Therefore the loss percentage is 20%.
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