Question

Naveen bought some cricket balls at rs 250 for four balls and sold them it rs.340 for five balls . Find his gain or loss percent .

Answer 1

Answer:

The cost price of one ball is=250/4 =62.5 rs

The sellesing price of one ball is =340/5=68rs

Hence he gain the rs on each ball is=5.5 rs

Now the profit percent =profit.× 100

Cost price

Profit prcnt=(5.5 ×100)/62.5=8.8 %

Hence ans is 8.8 % profit...