Question

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 1

Answer:-

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

CP is more. Hence, it will be loss

 

Formula of Loss = CP - SP

 

Loss = 25 - 15

 

Loss = ₹10

formula of finding loss percent = (Loss/CP) x 100

=> (10/25) x 100

 

=> 40%