Question
A retailer purchased five articles and incurred some expenses on their transportation. Each article was sold at a markup of 50% above the original cost price (excluding transportation cost), then a discount of 15% was applied, selling each for Rs. 2,550. If the retailer faced a total loss of Rs. 3,000, what was the transportation cost?
Total cost price for five articles: 2000×5 = Rs.10,000 Total selling price: 2550×5 = Rs.12,750 Total CP + transportation cost = Total SP + Loss 10,000+transportation cost = 12,750 + 3,000 Transportation cost = 15,750−10,000 = Rs.5,750More Profit and loss Questions
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