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The ratio of the selling price to that of the cost price is 6 : 7. What is the percentage of loss?

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Solution 1

Step 1: Understand the problem The problem is asking for the percentage of loss when the ratio of the selling price to the cost price is 6:7.

Step 2: Define the terms The selling price is the price at which an item is sold. The cost price is the price at which an item is purchased or produced.

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Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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