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 6 of 10.

Dhruv said:   8 years ago
Well said @Akshay.

BHEEMANGOUD K said:   8 years ago
Your method is easy to understand, thanks @Hema.

Akshay said:   8 years ago
let CP of a ball x.
loss= CP - SP.
5x= 17x - 720,
x=60.

Sanket said:   8 years ago
Let cp for 1 ball = x rs.
sp for 1 ball =720/17 rs.

***please note***(for 17 balls, loss = 5x therefore loss behind 1 ball = 5x/17)
Now, loss over 1 ball = c.p. over 1 ball - sp over 1 ball.
5x/17 = x - 720/17,
x = 60.

Sai Reddy said:   8 years ago
17(cp-720) = 5cp,
cp = 60.

Sanjayade said:   8 years ago
Thank you all for explaining properly.

Satyam said:   8 years ago
Thanks @Manasa.

Md.iftekhar said:   8 years ago
Thanks alot @Manasa.

Ashish said:   8 years ago
Let,

Each Ball cost of price x.
We know,
Cost price - selling price = loss.

17x- 720= 5x,
Or, 17x - 5x= 720,
Or, 12x= 720,
Or, x=720 ÷ 12.
0r, x=60,
So, x=tk 60 cost of each ball.

Shyam said:   8 years ago
Thanks @Manasa!


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