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    Question

    To clear the old stock of shoes, a shopkeeper offers

    four pairs of shoes for the price of three pairs at their cost price. Determine the percentage loss incurred by the shopkeeper for each box of shoes sold.
    A 25% Correct Answer Incorrect Answer
    B 20% Correct Answer Incorrect Answer
    C 18% Correct Answer Incorrect Answer
    D 12% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let the cost price of each shoes be Rs. 100 Therefore, cost price of 4 shoes = 4 × 100 = Rs. 400 Selling price of 4 shoes = 3 × 100 = 300 Loss % = {(400 – 300)/400} × 100 = 25%

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