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A man sold 18 cots for Rs. 16800, gaining there by the cost price of 3 cots. Find the cost price of a cot. 
  • a)
    Rs. 600                     
  • b)
    Rs. 800
  • c)
    Rs. 900                     
  • d)
    Rs. 1000
  • e)
    None of these           
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
A man sold 18 cots for Rs. 16800, gaining there by the cost price of 3...
(S.P of 18 cots) - (C.P of 18 cots) = (C.P. of 3 cots)
C.P. of 21 cots = S.P. of 18 cots = Rs. 16800
Price of 1 cot = 16800/21 = 800rs
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Most Upvoted Answer
A man sold 18 cots for Rs. 16800, gaining there by the cost price of 3...
Man sold 18 cots at 16800 and gained cost of 3 cots.

So we can assume total 21 cots. (18+3gained)
Price of 1cot =16800/21= 800rs
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Community Answer
A man sold 18 cots for Rs. 16800, gaining there by the cost price of 3...
Given:
- A man sold 18 cots for Rs. 16800
- He gained the cost price of 3 cots

To find: Cost price of a cot

Let's assume the cost price of a cot to be x.

Profit earned on selling 18 cots = Cost price of 3 cots

We know that,
Profit = Selling Price - Cost Price

Profit earned on selling 18 cots = (Selling price of 18 cots) - (Cost price of 18 cots)
Cost price of 18 cots = 18x
Selling price of 18 cots = Rs. 16800

Profit earned on selling 18 cots = (16800) - (18x)

Given,
Profit earned on selling 18 cots = Cost price of 3 cots

=> 16800 - 18x = 3x

=> 21x = 16800
=> x = 800

Therefore, the cost price of a cot is Rs. 800.

Hence, option (b) is the correct answer.
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Question Description
A man sold 18 cots for Rs. 16800, gaining there by the cost price of 3 cots. Find the cost price of a cot.a)Rs. 600b)Rs. 800c)Rs. 900d)Rs. 1000e)None of these Correct answer is option 'B'. Can you explain this answer? for Quant 2025 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about A man sold 18 cots for Rs. 16800, gaining there by the cost price of 3 cots. Find the cost price of a cot.a)Rs. 600b)Rs. 800c)Rs. 900d)Rs. 1000e)None of these Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Quant 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A man sold 18 cots for Rs. 16800, gaining there by the cost price of 3 cots. Find the cost price of a cot.a)Rs. 600b)Rs. 800c)Rs. 900d)Rs. 1000e)None of these Correct answer is option 'B'. Can you explain this answer?.
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