Question : Pawan purchases 70 articles for INR 16,875 and sells them at a loss equal to the Selling Price of 5 articles. What will be the Selling Price of one article?
Option 1: INR 220
Option 2: INR 230
Option 3: INR 235
Option 4: INR 225
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Correct Answer: INR 225
Solution :
Given:
Pawan purchased 70 articles for INR 16,875.
Let the Selling Price of 1 article be $x$.
According to the question,
$16875-70x=5x$
⇒ $75x=16875$
$\therefore x=225$
Hence, the correct answer is INR 225.
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