On selling 33 balls at Rs.725, there is a loss equal to the cost price of 8 balls. The cost price of a ball is:
Answer & explanation
Correct answer: option 3
Loss = C.P. - S.P.
C.P. of 8 = C.P. of 33 - S.P. of 33
C.P. of 25 = S.P. of 33
Here, S.P. of 33 balls = Rs.725 (given)
Therefore.
C.P. of 25 balls = Rs. 725
C.P. of 1 ball = \(\frac{725}{25}\) = Rs.29