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Aptitude - Profit and Loss - Discussion

@ : Home > Aptitude > Profit and Loss > General Questions - Discussion

11. 

On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is:

[A]. Rs. 45[B]. Rs. 50
[C]. Rs. 55[D]. Rs. 60

Answer: Option D

Explanation:

(C.P. of 17 balls) - (S.P. of 17 balls) = (C.P. of 5 balls)

C.P. of 12 balls = S.P. of 17 balls = Rs.720.

C.P. of 1 ball = Rs. 720 = Rs. 60.
12


Srii said: (Mon, Dec 20, 2010 02:56:36 AM)    
 
How can C.P of 12 balls = S.P of 12 balls?

Raghav said: (Fri, Jan 14, 2011 11:31:54 AM)    
 
IT IS SP of 17 balls,not 12 balls!!!!!

Khushi said: (Tue, Feb 15, 2011 07:02:50 AM)    
 
SP of 17 balls will be subtracted CP of 5 balls. Because there is a loss equal to 5 balls in selling of 17 balls.

Manasa said: (Sun, Feb 20, 2011 09:34:20 AM)    
 
Consider cp of 1 ball =x
for 17 balls=17x;
loss=cp-sp(here 17balls cost price-17balls selling price)
i.e 17x-720;
for 5 balls cp is 5x;
in the question he give 17 balls loss=cp of 5 balls
i.e 17x-720=5x;
17x-5x=720;
12x=720;
x=720/12;
x=60.

Soni said: (Wed, May 25, 2011 12:02:04 AM)    
 
Thank you Manasa.

Kiran said: (Wed, Jun 22, 2011 08:36:30 AM)    
 
Why it cann't be solved like this:

Loss = CP-SP
Acc to the ques
SP is given for 17 balls i.e 720
So SP of 1 ball = 720/12
let cp of 1 ball = x
loss = 5x (loss equals to the cp of 5 balls)
5x=x-720/17
5x = 17x-720/17
5x-17x= 720/17
12x = 720/17
x=???

Amrendra said: (Thu, Jun 23, 2011 01:22:43 AM)    
 
Manasa is right.

Jyoti said: (Wed, Jul 20, 2011 09:12:17 PM)    
 
Thank you manasa.

Quant said: (Mon, Aug 8, 2011 05:22:13 PM)    
 
Yeah manasa you are right.

Sujeet said: (Mon, Aug 29, 2011 01:35:26 PM)    
 
Manasa's Answer is Correct

Anil said: (Fri, Sep 2, 2011 11:26:03 AM)    
 
Loss = CP-SP
Acc to the ques
SP is given for 17 balls i.e 720
So SP of 1 ball = 720/12
let cp of 1 ball = x
loss = 5x (loss equals to the cp of 5 balls)
5x/17=x-720/17(loss for 17 balls)
5x/17 = (17x-720)/17
5x=17x-720
12x = 720
x=720/12
x=60

Swetha said: (Fri, Sep 2, 2011 04:21:31 PM)    
 
Anil.. one doubt for me.

i clear about this problem., but in your explanation u said that SP is given for 17 balls = 720
So SP of 1 ball = 720/12
How it came?
SP of 1 ball = 720/17 na?

Srikanth said: (Thu, Oct 13, 2011 07:55:10 PM)    
 
I agree with manasa

Hema said: (Mon, Dec 26, 2011 08:49:06 AM)    
 
Let cost price of 1 ball=x
then cost price of 17 balls=17x
loss is equal to 5 balls cost price(given in problem)=5x
selling price=c.p-loss=17x-5x=12x
but original selling price=720
.
. . 12x=720
x=60
c.p of 1 ball=60

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