Aptitude - Profit and Loss - Discussion

Discussion Forum : Profit and Loss - General Questions (Q.No. 11)
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:
Rs. 45
Rs. 50
Rs. 55
Rs. 60
Answer: Option
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

Discussion:
91 comments Page 10 of 10.

Josepkd said:   4 months ago
The Cost price be 'x'
So that the cost price of 17 balls is 17x.
And the cost prince of 5 balls is 5x.
While selling 17 balls at Rs.720 he is incurring loss equal to cost price of 5 balls.
So that the equation is 17x-720 = 5x,
12x = 720
x = R.60/-
(13)


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