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- Quantitative Aptitude
7.Profit and Loss
medium
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 (in $Rs.$)
A
$45$
B
$50$
C
$55$
D
$60$
Solution
$S.P.$ of $17$ balls $=₹ 720$
(C.P. $-$ S.P.)of $17$ balls $=$ $C.P.$ of $5$ balls
$\therefore$ $S.P.$ of $17$ balls $=$ $C.P.$ of $(17-5)$ balls
$=$ $C.P.$ of $12$ balls $=720$
$\therefore$ $C.P.$ of ball $=\frac{720}{12}=Rs. 60$
Standard 13
Quantitative Aptitude