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If the selling price of 25 balls is equal to the cost price of 15 balls, find the profit or loss percentage |
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Answer» Loss Percentage = 40%Step-by-step explanation:Let CP of ONE BALL is ₹1CP of 15 BALLS = ₹15CP of 25 balls ₹25CP of 15 balls = SP of 25 balls ( Given )So, SP of 25 balls = ₹15Finding Loss :CP is more. Hence, loss occurred.Loss = CP - SPLoss = 25 - 15Loss = ₹10Finding Loss Percentage :Loss Percentage = (Loss/CP) x 100=> (10/25) x 100=> 40%Hence, Loss Percentage is 40% |
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