If the cost price of 15 items is equal to the selling price of 10 items, what is the profit or loss percentage?
- 50% loss
- 50% profit
- 33.33% loss
- None of these
Explanation
CP of 15 = SP of 10
Let CP of 1 item = 1
Then CP of 15 items = 15
SP of 10 items = 15
SP of 1 item = 15/10 = 1.5
Profit = 1.5 - 1 = 0.5
Profit % = 0.5 x 100 = 50% profit
Last verified on 20-10-2026
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