Question
A shop owner buys six items and pays additional charges for delivery. He then sells each by marking up the price by 45% and applying a discount of 20%, with each item selling for Rs. 1,980. If the total loss is Rs. 2,400, what was the delivery charge?
Total cost price: 1707 × 6 = Rs.10,242 Total selling price: 1980 × 6 = Rs.11,880 Total CP + delivery charges = Total SP + Loss 10,242 + delivery charges = 11,880 + 2,400 Delivery charges = 14,280 − 10,242 = Rs.4,038More Profit and loss Questions
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