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On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is _____?
  1. 60
  2. 45
  3. 50
  4. None of these
Explanation

Loss = Cost price of 5 balls

Loss = 720 - (Selling price of 17 balls)

Loss = Cost price of 17 balls - Selling price of 17 balls

Cost price of 17 balls = Selling price of 17 balls + Loss

= 720 + (Cost price of 5 balls)

Cost price of 1 ball = 60

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A company has sales data for 5 years. If the revenue is $5000 and costs are $3500, what is the profit?
  1. $1000
  2. $1500
  3. $2000
  4. $2500
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Masood purchased a plot for Rs. 8,000. He sells the plot to Aftab at a profit of 20%. Aftab in turn sells that plot to Zahid at a loss of 20%. Does the plot cost Zahid?
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