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Standard VII
Mathematics
Profit % Loss %
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Question
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On selling a football for Rs 100, a man gains Rs 15. The cost price of the football is
(a) Rs 115
(b) Rs 85
(c) Rs 70
(d) Rs 130
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Solution
(b) Rs 85
SP of a football = Rs 100
Gain = Rs 15
Gain = SP - CP
⇒ 15 = 100 - CP
⇒ CP = Rs (100 - 15)
⇒ CP= Rs 85
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