if the selling price of 25 balls is equal to the coast price of 15 balls find the profit or the loss percentage
Answers
percentage of loss is 40%
Step-by-step explanation:
let CP of one ball be =1
CP of 15 ball = 15
CP of 25 ball = 25
Given,
CP of 15 balls= SP of 25 balls
so, SP of 25 balls= 15
loss = CP-SP
=25-15
=10
percentage of loss= loss/CP *100
=10/25 *100
=40%
Given: Selling Price of 25 balls= Cost Price of 15 balls
To Find: Profit or Loss percentage
Solution: Let us assume that,
CP of one ball= Rs.1 [CP=Cost Price, SP=Selling Price]
CP of 15 balls= Rs. 15.
Given that, SP of 25 balls=CP of 15 balls
Therefore, SP of 25 balls=Rs.15.
Since, CP of 25 balls is more than SP than of 25 balls, hence there is loss
Loss=CP-SP
Loss=Rs.25-Rs.15 [CP of 25 balls=Rs.25]
=Rs.10.
Loss Percentage=Loss/CP* 100
=10/25*100
=40%
Answer:- The loss percentage is 40%.