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If the seeling price of 20 articlesis equal to to the cost price of 15 article,then what is the loss percent? |
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Answer» Let cp of 1 ARTICLE = xand sp of 1 article = ynow, GIVEN that20y = 15xSo, y = 15x/20 = 3x/4 -------(1) Now, loss PERCENT = [(cp - sp) / cp]×100 loss% = [(X-y) /x]100from (1), putting the value of y loss% = [(x-3x/4) /x]×100 loss% = [(x/4) /x]100 loss% = 1/4×100 = 25% |
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