Question
The store is introducing a discount of 15% on Clothing
items for a promotional sale. Calculate the new selling price for Clothing and the total expected revenue if all units sold during the promotion are sold at this new price. What will be the adjusted profit for Clothing? Direction: A retail store sells three types of products: Electronics, Clothing, and Furniture. The following table summarizes the sales data for each product over a six-month period, including the number of units sold, the cost price (CP), and the selling price (SP).Solution
New Selling Price for Clothing = 600 - (15% of 600) = 600 - 90 = ₹510 Total Revenue from Clothing at new price = 1,120 × 510 = ₹571,200 Adjusted Profit for Clothing = Total Revenue - Total Cost Price = 571,200 - 448,000 = ₹123,200
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