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Home Aptitude Profit and Loss Comments

  • Question
  • 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 ?


  • Options
  • A. Rs. 55
  • B. Rs. 60
  • C. Rs. 65
  • D. Rs. 70

  • Correct Answer
  • Rs. 60 

    Explanation

    Let the cost price of a ball is Rs.x
    Given, on selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls
    The equation is :
    17x - 720 = 5x
    Solving the equation
    we get x = 60
    Therefore, cost price of a ball is Rs. 60.

  • Tags: GATE, GRE, Analyst, Bank Clerk, Bank PO, AIEEE, Bank Exams, CAT

    Profit and Loss problems


    Search Results


    • 1. ITC sells one product at a profit of 20% another at a loss of 20% at the same selling price. What is the loss incurred by ITC?

    • Options
    • A. 1%
    • B. 2%
    • C. 4%
    • D. 0%
    • Discuss
    • 2. The cost price of three varieties of mangoes namely M, N and O is Rs. 20/kg, Rs. 40/kg and Rs. 50/kg respectively. Find the selling price of one kg of mango in which these three varieties of mangoes are mixed in the ratio of 2 : 3 : 5 such that there is a net profit of 20%?

    • Options
    • A. Rs. 47
    • B. Rs. 49.2
    • C. Rs. 48.5
    • D. Rs. 50.3
    • Discuss
    • 3. A driver of auto rickshaw makes a profit of 20% on every trip when he carries 3 passengers and the price of petrol is Rs. 30 a litre. Find the % profit for the same journey if he goes for 4 passengers per trip and the price of petrol reduces to Rs. 24 litres ?

    • Options
    • A. 68%
    • B. 80%
    • C. 75%
    • D. 100%
    • Discuss
    • 4. A seller uses 840 gm in place of 1 kg to sell his goods. Find his actual profit/loss % When he sells his article on 4% loss on cost price ?

    • Options
    • A. 14.28 % profit
    • B. 24.18 % profit
    • C. 14.28 % loss
    • D. 24.18 % loss
    • Discuss
    • 5. Namitha sold a powerbank which is at the cost of Rs. 1950 at a loss of 25%. Find at what cost will she have to sell it to get a profit of 25%?

    • Options
    • A. Rs. 3680
    • B. Rs. 3560
    • C. Rs. 3320
    • D. Rs. 3250
    • Discuss
    • 6. A merchant buys two articles for Rs.600. He sells one of them at a profit of 22% and the other at a loss of 8% and makes no profit or loss in the end. What is the selling price of the article that he sold at a loss ?

    • Options
    • A. Rs. 404.80
    • B. Rs. 536.80
    • C. Rs.440
    • D. Rs. 160
    • Discuss
    • 7. 'X' sells fruits at 21% profit. If X bought it for 9% less and sold it for Rs.29 less, he would have gained 25%. The cost price of fruits is?

    • Options
    • A. Rs. 400
    • B. Rs. 420
    • C. Rs. 460
    • D. Rs. 480
    • Discuss
    • 8. Buy at 30 cell at 50. What is the profit percentage?

    • Options
    • A. 20%
    • B. 40%
    • C. 45%
    • D. 35%
    • Discuss
    • 9. The cost price of a college bag is 240% more than the profit obtained on it selling at Rs. 1540. What is the cost price of that college bag?

    • Options
    • A. Rs. 1190
    • B. Rs. 1288
    • C. Rs. 1365
    • D. Rs. 1452
    • Discuss
    • 10. The profit earned by selling an article for Rs.753 is equal to the loss incurred when the same article is sold for Rs.455.What should be the sale price for making 50% profit ?

    • Options
    • A. Rs.855
    • B. Rs.955
    • C. Rs.906
    • D. Rs.896
    • Discuss


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