1.

The selling price of 15 pens is equal tothe cost price of 12 pens. What is the lossper cent?

Answer»

Let the CP of each pen be Rs.x.

Then,

CP of 12 pens=Rs.12

SP of 12 pens=CP of 15 pnes=Rs.15

now,gain=SP-CP=Rs.(15-12)=Rs.3

gain%=gain/cp*100

=(3/12*100)%=25%

Hence,the gain=25%.


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