Naveen bought some cricket balls at 250 for four balls and solid them at rupees 340 for five balls. Find his Gain or loss per cent.
Answers
Hey mate!
Here's your answer!!
The Cost Price of the ball CP,
= 250/4
= 62.5 Rs.
The Selling Price of ball SP,
= 340/5
= 68 Rs.
He has sold the balls at higher price, hence their is a gain of (68 - 62.5) = 5.50Rs.
Gain %
= 5.50 × 100 / 62.5
= 44/5 %
✌ ✌
Hope helps.......
Solution: C.P. of 4 balls= $250
C.P. of 1 ball = $ 250/4 = 62.50
S.P. of 5 balls = $340
S.P. of 1ball = $ 340/5 = $68
Here, S.P. > C.P.
Profit = S.P. - C.P.
= $68 - $62.50 = $5.50
So, Profit% = Profit * 100
C.P.
= 5.50 * 100
62.50
= 44%
5
The answer is 44%.
5
Hope it will help you.