Question : On selling 38 balls at INR 2,240, there is a loss equal to the cost price of 6 balls. The cost price of a ball is equal to:
Option 1: INR 80
Option 2: INR 70
Option 3: INR 60
Option 4: INR 50
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Correct Answer: INR 70
Solution : Given: On selling 38 balls at INR 2,240, there is a loss equal to the cost price of 6 balls. Loss = Cost price – Selling price According to the question, Cost Price of 6 = Cost Price of 38 – Selling Price of 38 ⇒ Cost Price of 32 = Selling Price of 38 ⇒ Cost Price of 32 = 2240 ⇒ Cost Price of 1 ball = INR 70 Hence, the correct answer is INR 70
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Question : A shopkeeper gains 20% in place of a 16% loss if the selling price of an article is increased by INR 324. The cost price of the article is:
Option 1: INR 900
Option 2: INR 750
Option 3: INR 1,350
Option 4: INR 60
Question : The selling price of one article after allowing a discount of 15% on its cost price, is the same as the selling price of another article after allowing a discount of 25% on its cost price. If the sum of the cost prices of both the articles is INR 640, then find the selling price of each article.
Option 1: INR 250
Option 2: INR 340
Option 3: INR 280
Option 4: INR 255
Question : If the selling price of 40 articles is equal to the cost price of 50 articles, the loss or gain percent is:
Option 1: 25% gain
Option 2: 20% gain
Option 3: 25% loss
Option 4: 20% loss
Question : An article is sold at a 25% loss. If its cost price is doubled and the selling price is increased by INR 660, then there is a profit of 20%. What is the original cost price of the article?
Option 1: INR 480
Option 2: INR 500
Option 3: INR 400
Option 4: INR 360
Question : The selling prices of articles A and B are the same. A is sold at a profit of 28% and B is sold at a loss of 24%. If the total selling price of both articles is INR 48640, then what is the cost price of A and B, respectively?
Option 1: INR 26000 and INR 40000
Option 2: INR 24000 and INR 38000
Option 3: INR 17000 and INR 28000
Option 4: INR 19000 and INR 32000
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