New Enroll in RBI Grade B New Batch - Starts on May 21

    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?
    A Rs.4,750 Correct Answer Incorrect Answer
    B Rs.2,750 Correct Answer Incorrect Answer
    C Rs.5,765 Correct Answer Incorrect Answer
    D Rs.5,750 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let the cost price of each article be Rs. x 1.5×0.85 × x = 2550 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.5,750

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