Question

On the selling 112 apples at ₹ 1212, there is a loss equal to the cost price of 11 apples. The cost price of an apple is – 

1. ₹ 10
2. ₹ 14
3. ₹ 12
4. ₹ 15

Answer 1

Correct Answer - Option 3 : ₹ 12

Suppose the cost price of 1 apple is ₹ x.

Total Cost Price = 112x

Loss = 11x

Selling Price = ₹ 1212

According to question –

Cost Price – Selling Price = Loss

⇒ 112x – 1212 = 11x

⇒ 101x = 1212

⇒ x = 12

∴ The cost price of one apple is ₹ 12.