If the selling price of 20 pens is equal to the cost price of 16 pens, then find the loss percentage.
If the selling price of 20 pens is equal to the cost price of 16 pens, then find the loss percentage.
Solution
✅ Correct Option: 3
Let CP of one pen = 1. Then CP of 16 pens = 16 = SP of 20 pens. So SP per pen = . Loss per pen = . Loss percent = .
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