5. If the selling price of 25 balls is equal to the cost price of 15 balls, find the profit or loss percentage.
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Answer:
Step-by-step explanation:
Loss Percentage = 40%
Step-by-step explanation:
Let CP of one ball is ₹1
CP of 15 balls = ₹15
CP of 25 balls ₹25
CP of 15 balls = SP of 25 balls ( Given )
So, SP of 25 balls = ₹15
Finding Loss :
CP is more. Hence, loss occurred.
Loss = CP - SP
Loss = 25 - 15
Loss = ₹10
Finding Loss Percentage :
Loss Percentage = (Loss/CP) x 100
=> (10/25) x 100
=> 40%
Hence, Loss Percentage is 40%
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