Question

if a shopkeeper suffered a loss of₹ 60 on selling 15 shirts for₹2,340 find the cost price of each shirt​

Answer 1

Answer:

161 RS aprox

Step-by-step explanation:

selling price of 15 shirts is = 2340 RS

=> loss = 60 RS

so cost price is = selling price + loss

=> 2340+60 = 2420 RS

now cost price of each shirt was = 2420/15

=> 161.33333 rs

Answer 2

Answer:  The cost price of each shirt is Rs160.

Step-by-step explanation:

Here it is given in the question that,

Selling price of 15 shirts = Rs2340

The loss suffered by the shopkeeper on selling 15 shirts = Rs60

We know that,

When the cost price is more than the selling price of an item then loss occurs.

From this logic we can deduce that

Loss = Cost price – Selling price

⇒ Cost price = Loss + Selling price

                     = Rs60 + Rs2340

                     = Rs2400

So, cost price of 15 shirts = Rs2400

Using unitary method we can find

Cost price of 1 shirt = Rs2400/15=Rs160

Hence, cost price of each shirt is Rs160.

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