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On selling 17 balls at Rs 720 there is a loss...

This question belongs to Arithmetic Ability Profit And Loss
Profit and Loss
?

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 = ?

Answer & Solution
Correct Answer: Option C
According to the question,
Let cost price of 1 ball is = Rs. x
∴ Cost price - Selling price = Loss
17x - 720 = 5x
12x = 720
⇒ x = 60
∴ Cost price of 1 ball is Rs. 60
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