Multiple choice

A shopkeeper purchased a batch of shirts from a wholesaler for Rs. 12,000. The shopkeeper decided to sell a certain number of the shirts at a profit of 25% and the remaining 24 shirts at a loss of 10% to make a profit of Rs. 2,160. However, due to a sudden increase in demand, the shopkeeper was able to sell 18 more shirts than originally planned at the profit percentage and the remaining shirts at the loss percentage. If the overall profit earned in this entire transaction was Rs. 2,790, calculate the cost price of each shirt.

  1. Rs. 80

  2. Rs. 96

  3. Rs. 100

  4. Rs. 120

  5. a
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let the cost per shirt be c and the originally planned number sold at 25% profit be x. Comparing the two profit totals, selling 18 additional shirts at 25% profit instead of 10% loss increases profit by 6.3c = Rs. 630, so c = Rs. 100.

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