The selling price of 10 balls is equal to the cost price of 15 balls. Find gain or loss per cent.
Answers
Answered by
1
Step-by-step explanation:
There is a gain of 50%.
Answer
Answered by
2
Answer:
50%
Step-by-step explanation:
Let the Cp of 1 Ball be x.
CP of 15 balls= 15x.
Now SP of 10 balls= CP of 15 balls= 15x.
Therefore, Profit= SP of 10 balls- CP of 10 balls
= 15x- 10x = 5x.
Profit%= Profit/ CP X 100
=5x/ 10x X 100 = 50%
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