The cost price of 20 balls is the same as the selling price of 18 balls. Find the profit percentage.
Show answer & explanation
Correct answer: A
Explanation
The Correct answer is option 1 i.e. %
Given that
The cost price of 20 balls is the same as the selling price of 18 balls.
Calculation
C.P. × 20 = S.P. × 18
C.P./S.P. = 18/20 = 9/10
Profit % = [(S.P. - C.P.)/C.P.] × 100
= [(10 - 9)/9] × 100 = %