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.

Sush said:   1 decade ago
Cost of 1 ball = x.

Cost of 17 ball = 17x.

Selling price of 17 ball = 720.

Loss = 5x where x is price of 1 ball.

Loss = cp - sp.

5x = 17x - 720.

x = 60.


Post your comments here:

Your comments will be displayed after verification.