On selling 17 balls at ₹840, there is a loss equal to the cost price of 5 balls, the cost price of a ball is:
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → ₹70
Selling price = cost price − loss. Here the loss is the cost of 5 balls, so the money received for 17 balls equals the cost of 12 balls (17 − 5).
Cost price of 12 balls = ₹840
Cost price of one ball \(=840\div12=\) ₹70