Question
If the cost price of 12 mangoes is equal to the selling
price of 16 mangoes, then the loss percentage is:Solution
12 x CP =16 × SP CP/SP=16/12=4/3 CP/SP =4/3 Now loss percentage – =1/4×100 =25% Therefore, the loss percentage is 25%.
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Which of the following is T’s position?
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Which of the following statement is correct?
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