Question
Download Solution PDFRamesh purchases 75 articles for ₹ 10800 and sells them at a loss equal to the selling price of 5 articles. What will be the selling price of one article?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Cost price of 75 articles = Rs. 10800
Loss = 5 × Selling price of 1 article
Formula used:
Loss = Cost price - Selling price
Calculation:
Let the selling price of one article be Rs. x
So according to question,
5x = 10800 - 75x
⇒ 80x = 10800
⇒ x = 135
∴ Selling price of one article = Rs. 135
Last updated on Jul 8, 2025
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