Aptitude - Profit and Loss - Discussion

Discussion Forum : Profit and Loss - General Questions (Q.No. 11)

Profit and Loss

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 3 of 10.

Atif said: 7 years ago

@Kiran.

It is 720/17 not 720/12 for the S. P of 1 ball.

Anwar Shaik said: 7 years ago

From the given info by adding 5 balls cp to the 17 balls sp which is 720, we will get cp of 17 balls.

Let X be cp of one ball.
= 720+5x = 17x,
12x = 720,
X = 60.

Mounika yadav said: 7 years ago

Thanks @Manasa.

Namrata Tiwari said: 7 years ago

I agree with you, Thanks @Manasa.

Prateek said: 7 years ago

Excellent explanation, Thanks @Manasa.

Bablu said: 7 years ago

Well said @Manasa.

Nikhil wanve said: 7 years ago

Simply we can say that;

CP for 1 ball=x,
CP for 17 ball=17x,
SP for 17 ball=720.
Loss= CP - SP.

5x(overall)=17x-720,
X=60 price for each ball.

(1)

Nurun Nobi Khokon said: 7 years ago

Let,
Cost price of 1 ball is x.
so, cost price of 5 balls = 5x,
and cost price of 17 balls = 17x.

In case of selling goods at loss,
Selling price+loss= Cost price.
=> 720+5x = 17x.
=> 12x = 720.
=> x = 60.

Ans: Cost price of each ball is 60.

Abhay singh said: 7 years ago

Thanks @Ashish.

Sabina said: 7 years ago

Thanks @Manasa.

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