Question
If the boutique decides to offer a discount of 15% on
Designer Dresses during a promotional sale and they sell 80 units at this new price, Calculate the profit from this sale if the cost price remains unchanged. Direction: A small business, Trendy Boutique , specializes in three types of clothing items: Designer Dresses , Casual Wear , and Formal Suits . Over the past six months, the boutique has recorded sales data as follows: Designer Dresses: Cost Price (CP): ₹1,500, Selling Price (SP): ₹2,200 Casual Wear: Cost Price (CP): ₹800, Selling Price (SP): ₹1,200 Formal Suits: Cost Price (CP): ₹2,500, Selling Price (SP): ₹3,500 The total units sold over six months for each clothing item are as follows: Designer Dresses: 300 units Casual Wear: 600 units Formal Suits: 200 units During this period, the boutique encountered some fluctuations in sales due to seasonal demand, which affected the profit margins for each product category.Solution
New Selling Price for Designer Dresses = 2,200 - (15% of 2,200) = 2,200 - 330 = ₹1,870 Total Revenue from selling 80 units = 80 × 1,870 = ₹149,600 Cost Price for 80 units = 80 × 1,500 = ₹120,000 Profit from this sale = Total Revenue - Total Cost = 149,600 - 120,000 = ₹29,600
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