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If the total cost of 20 pairs of shoes is equal to the total revenue generated from the sale of 25 pairs of shoes, what is the percent of profit or loss made on the sale of each pair of shoes, assuming each pair of shoes cost the same dollar amount and each pair of shoes sold for the same dollar amount?a)25% lossb)25% profitc)20% lossd)20% profite)5% profitCorrect answer is option 'C'. Can you explain this answer? for GMAT 2025 is part of GMAT preparation. The Question and answers have been prepared according to the GMAT exam syllabus. Information about If the total cost of 20 pairs of shoes is equal to the total revenue generated from the sale of 25 pairs of shoes, what is the percent of profit or loss made on the sale of each pair of shoes, assuming each pair of shoes cost the same dollar amount and each pair of shoes sold for the same dollar amount?a)25% lossb)25% profitc)20% lossd)20% profite)5% profitCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for GMAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If the total cost of 20 pairs of shoes is equal to the total revenue generated from the sale of 25 pairs of shoes, what is the percent of profit or loss made on the sale of each pair of shoes, assuming each pair of shoes cost the same dollar amount and each pair of shoes sold for the same dollar amount?a)25% lossb)25% profitc)20% lossd)20% profite)5% profitCorrect answer is option 'C'. Can you explain this answer?.

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