Profit and loss

Quantitative Aptitude (MTS)

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On selling 15 balls at Rs 400 there is loss equal to Cost Price of 5 balls. The cost price of a ball is?

20

30

40

50

Explanation:

loss= CP-SP
CP of 5=CP of 15- SP of 15
CP of 10=SP of 15=400
CP of 1 =40

Hence, option 3 is the correct answer.

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