Profit and loss

Quantitative Aptitude (MTS)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

On selling 15 balls for Rs450, there is a loss equal to the cost price of 5 balls. The cost price of a ball is:

This questions was previously asked in

SSC MTS 15th July 2022 Shift-2

Rs23

Rs54

Rs45

Rs32

- Let's denote the cost price (CP) of one ball as Rs 'x'.

- Selling 15 balls for Rs 450 results in a loss equal to the CP of 5 balls.

- Loss = 5x.

- SP of 15 balls = Rs 450, so CP of 15 balls = SP + Loss.

- Therefore, 15x = 450 + 5x.

- Rearrange: 15x - 5x = 450.

- 10x = 450.

- x = 450/10.

- x = Rs 45.