Multiple choice

Rajeev is the owner of a bakery shop. He sold 17 chocolate cakes for Rs. 720. He suffered a loss which was equal to the cost price of 5 chocolate cakes. What would be the cost of the each cake?

  1. Rs. 60

  2. Rs. 45

  3. Rs. 50

  4. Rs. 70

  5. None of these
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let CP be x. Total CP of 17 cakes = 17x. Total SP = 720. Loss = CP of 5 cakes = 5x. Loss = CP - SP, so 5x = 17x - 720. 12x = 720, x = 60.

AI explanation

When total loss equals the cost price of 5 cakes, the selling price of 17 cakes equals the cost price of 12 cakes. Let C be the cost price of one cake, so 720 = 12 x C. Solving this gives C = 60, making the cost of each cake Rs. 60.

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