Kamal purchases 80 articles for ₹11,180 and sells them at a loss equal to the selling price of 6 articles. What will be the selling price of 1 article?
Answer & explanation
Correct answer: option 1
Price of 80 article = 11180
Sell them at loss equal to the selling price of 6 articles
Loss = 6SP
The selling price of 1 article will be
Loss = CP - SP
6SP = 11180−80SP
6SP + 80SP = 11180
86SP = 11180
SP of one article = 130