the s.p of 16 article is equal to the c.p of 15 article. find the loss per cent.
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Answer:
SP of 12 items =15
SP of 15 Items =
12
15
×15=
4
75
=18.75
∴ Profit =18.75−15=3.75
Profit for 115 =3.75
Profit for 100 =
15
3.75
×100=25%
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