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Question 65
Ramesh 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?
Solution
Given that the Cost Price of 75 articles = Rs.10800
Let the Selling Price of each article = Rs.x
Then, Selling Price of 75 articles = Rs.75x
Selling Price of 5 articles = Rs.5x
=> 10800 - 75x = 5x
=> 80x = 10800
=> x = 135
Therefore, Selling Price of each article = Rs.135
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