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Question

If a shopkeeper suffered a loss of Rs 60 on selling 15 shirts for Rs 2340, find the cost price of each shirt.


Solution

Selling price of 15 shirts = Rs 2340
The loss suffered by the shopkeeper on selling 15 shirts = Rs 60

We know that
Loss = Cost price – Selling price
⇒ Cost price = Loss + Selling price
                     = Rs 60 + Rs 2340
                     = Rs 2400
So, cost price of 15 shirts = Rs 2400
Cost price of 1 shirt=Rs240015=Rs 160
Hence, cost price of each shirt = Rs 160

Mathematics
Mathematics
Standard VI

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