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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?

This question was previously asked in
SSC GD Previous Paper 5 (Held On: 12 Feb 2019 Shift 2)
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  1. Rs. 156
  2. Rs. 135
  3. Rs. 144
  4. Rs. 132

Answer (Detailed Solution Below)

Option 2 : Rs. 135
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Detailed Solution

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Given:

Cost price of 75 articles = Rs. 10800

Loss = 5 × Selling price of 1 article

Formula used:

Loss = Cost price - Selling price

Calculation:

Let the selling price of one article be Rs. x

So according to question,

5x = 10800 - 75x

⇒ 80x = 10800

⇒ x = 135

∴ Selling price of one article = Rs. 135

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