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The cost price of 15 pens is equal to the selling price of 20 pens. The loss or profit percentage is: |
20% loss 25% loss 20% profit 25% profit |
25% loss |
According to the question, The cost price of 15 pens is equal to the selling price of 20 pens \(\frac{CP}{SP}\) = \(\frac{20}{15}\) Loss = 20 - 15 = 5 Loss% = 5 × \(\frac{100}{20}\) = 25% |
