By selling 21 pots at Rs 2,520, there is a loss equal to the cost price of 3 pots. Find the cost price (in Rs) of each pot.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 140
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Understanding |
Application |
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By selling 21 pots at Rs 2,520, there is a loss equal to the cost price of 3 pots. |
So, 21SP = 2520 SP = Rs. 120 And 21SP = 21CP – 3CP 21SP = 18CP CP/SP = 21/18 CP = 21/18 × 120 = 140 |