3. Anything spend on an item say cost spent is Rs 15 on its transportation. And the item purchased for Rs 100. The actual cost price of the item for the shopkeeper is Rs 85 or Rs. 115
Question
3. Anything spend on an item say cost spent is Rs 15 on its transportation. And the item purchased for Rs 100. The actual cost price of the item for the shopkeeper is Rs 85 or Rs. 115
Solution
The actual cost price of the item for the shopkeeper is Rs. 115. This is because the cost price of an item for a shopkeeper includes not only the purchase price of the item, but also any additional costs incurred to bring the item into the shop and prepare it for sale. In this case, the shopkeeper spent Rs 100 to purchase the item and an additional Rs 15 on transportation. Therefore, the total cost price of the item for the shopkeeper is Rs 100 + Rs 15 = Rs 115.
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