• Numerical Ability - Profit & Loss
Question

On selling 17 toys at Rs. 720, there is a loss equal to the cost price of 5 toys . The cost price of a Toy is:

  • A) Rs. 50
  • B) Rs. 60 
  • C) Rs. 65
  • D) Rs. 70
  • E) None of these
Solution

Cost price of 17 toys – Selling price of 17 toys = cost Price  of 5 toys
Cost price of 12 toys = selling Price of 17 toys= 720
Cost price of 1 toy= 720/12= 60 

Cost price of 17 toys – Selling price of 17 toys = cost Price  of 5 toys
Cost price of 12 toys = selling Price of 17 toys= 720
Cost price of 1 toy= 720/12= 60 
Comments