A shopkeeper bought 7 decorative lamps for ₹2,850. Due to damage, 2 lamps could not be sold. He sold the remaining lamps at ₹360 each. What is his total loss (in ₹)?
₹1,050
The total cost price of all 7 lamps is ₹2,850.
Since 2 lamps are damaged, only \(7 - 2 = 5\) lamps are sold.
Total selling price \(= 5 \times 360 = 1800\) rupees.
Loss \(= \text{Cost price} - \text{Selling price} = 2850 - 1800 = 1050\) rupees.
Hence, the shopkeeper's total loss is ₹1,050.
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