Ajay purchase 25 balls at ₹10per ball .and sold them dor ₹ 300 find his profit %
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Answer:
Profit percent = 20%
Step-by-step explanation:
CP. of a ball = 10
CP. of 25 balls =25 x 10 = 250
SP. of 25 balls = 300
SP. of 1 balls = 300 / 25 = 12
SP > CP
Gain = SP - CP = 12 - 10 = 2
Total gain = 25 x 2 = 50
Gain% = ( Gain / CP ) x 100
= ( 50 / 250 ) x 100
= 5000 / 250
= 500 / 25
= 100 / 5
= 20%
Profit percent = 20%
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