Question

1. Amir buys 40 balls for 2000. He sells 15 of these at a profit of 20%. He sell the
remaining for 40 each. What is the total gain % or loss%.

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Answer 1

15*60=900

25*40=1000

loss of 100

10% of loss

Answer 2

Answer:

Total loss is 100 rs

Step-by-step explanation:

Cost price of each ball = 2000/ 40 = 50 Rs

He sells 15 of these at a profit of 20 % . i,e

1.2 x 50 = 60 rs for each ball

SP of 15 balls = 60 x 15 = 900 rs

Remaining balls = 40- 15 =25

SP of 25 balls @ 40 rs each is

SP = 25 x 40  = 1000 rs

Total selling price is 900+1000= 1900

Loss= SP-CP

Loss= 2000-1900

Loss= 100 Rs

Total loss is 100 rs