Profit and loss

Quantitative Aptitude ( CCS)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

After selling 12 balls a man suffer a loss equal to cost price of 6 balls. Find loss percent?

100%

50%

33(1/3)%

40%

Solution:
loss = CP-SP
CP of 6 ball = CP of 12 ball – SP of 12 ball
SP of 12 ball = CP of 6 ball
Loss % = 6/12*100= 50%