ashmitaugrakoti ashmitaugrakoti

19-08-2020
Mathematics

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c. The cost price of 12 bananas is equal to the SP of 15 bananas.Find loss or gain percent.

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oscar236 oscar236

19-08-2020

Answer:

20% loss.

Step-by-step explanation:

Suppose the cost of each banana is $1

Then cost of 12 = $12.

You sell 15 bananas for $12, therefore the price of each banana is 12/15

= $0.80.

So the loss percent is (1 - 0.80) * 100

= 20%.

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