the sp of 16 spoons is equal to the cost of 15 spoons find the loss percent
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Let the cost price of one spoon be Re. 1
CP of 16 spoons = Rs. 16
SP if 16 s poon = CP of 15 spoons = Rs. 15
Loss = CP – SP = (16 – 15) = Re. 1
Loss% = =(LossCP×100) %
=(116×100)
= 6.25%
Loss% = 6.25%
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