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Question

If the SP of 5 pens is equal to the CP of 4 pens, find the gain % or loss %?

A
30% loss
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B
20% loss
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C
25% gain
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D
15% gain
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Solution

The correct option is B 20% loss
Let the CP of 4 pens be 4.
Then the SP of 5 pens will be 4.
SP of 1 pen will be 45.
Loss on 1 pen =145=15
Loss percent =15×100=20%

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