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 7 of 10.

Bhavesh said:   8 years ago
Thanka @Manasa.

Sabina said:   7 years ago
Thanks @Manasa.

Abhay singh said:   7 years ago
Thanks @Ashish.

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.

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)

Bablu said:   7 years ago
Well said @Manasa.

Prateek said:   7 years ago
Excellent explanation, Thanks @Manasa.

Namrata Tiwari said:   7 years ago
I agree with you, Thanks @Manasa.

Mounika yadav said:   7 years ago
Thanks @Manasa.

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.


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