Profit and Loss Practice Test 4

Question : 13 of 40

Marks: +1, -0

In a shop, shirts are usually sold at 40% above the cost price. During a sale, the shopkeeper offers a discount of 10% off the usual selling price. If he manages to sell 72 shirts for Rs 13,608, then his cost price per shirt, in Rs, is:

Validate

Solution:

SP of 72 shirts = Rs 13,608
SP of 1 shirt = Rs 189
SP on discount is 10% = x.
Discount per cent = 10%

x-x/10=189

x=210

Cost price of shirt = x
Marked price = 40% above

x+{40x}/100={140x}/100⇒{140x}/100=210

⇒x=150

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