Actual price of each shirt = Rs 100/125×1,250= Rs 1,000 Profit earned during non-festive season = Rs (1,250 – 1,000) × 50 = Rs 12,500 Profit earned during festival season = (1,100 – 1,000) × 50= Rs 5,000 Total profit = Rs 17,500 Cost of a shirt during festival season = Rs 1,100 Now, 17,500/1100 = 15.909 Maximum number of shirt that can be bought = 15
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Demutualization means segregation of
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