If the selling price of 18 oranges is equal to the cost price of 16 oranges, find the loss percent.

Explanation

To solve the problem step by step, we will follow the reasoning laid out in the video transcript.

### Step 1: Define the Cost Price
Let the cost price (CP) of each orange be \( x \).

### Step 2: Calculate the Cost Price of 16 and 18 Oranges
- The cost price of 16 oranges is:
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