If the selling price of 10 balls is equal to the cost price of 15 balls.Find the profit or loss percent
Answers
Answered by
28
Gain=15-10
=5
gain%=5×100
---------
10
=50%
=5
gain%=5×100
---------
10
=50%
Answered by
25
Answer:
There is a gain of 50%.
Step-by-step explanation:
Given : If the selling price of 10 balls is equal to the cost price of 15 balls.
To find : The profit or loss percent ?
Solution :
Selling price 'SP' of 10 balls = Cost price 'CP' of 15 balls
Let us take the cost price of 1 ball be Rs.1
CP of 15 balls =Rs.15
CP of 10 balls should be Rs.10
But here,
SP of 10 = CP of 15 balls
and the cost of SP is Rs.15
Gain = SP-CP
Gain = 15-10
Gain = 5
Therefore, There is a gain of 50%.
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