Question
A shopkeeper planned to sell 200 shirts each priced at
Rs 2,240 in a particular year. Each shirt, if it had been sold at the mentioned price would have been possibly earned him a 40% profit. However, 100 out of these 200 shirts were sold at a discount of Rs 240 each shirt during the festival season. Find the maximum possible number of shirts one could have bought during the festival season with an amount that is same as the profit earned by the shopkeeper in the entire year?Solution
Actual price of each shirt = Rs. (100/140) × 2,240 = Rs 1,600 Profit earned during non-festive season = Rs (2,240 – 1,600) × 100 = Rs 64,000 Profit earned during festival season = (2,000 – 1,600) × 100= Rs 40,000 Total profit = Rs 1,04,000 Cost of a shirt during festival season = Rs 2,000 Now, (1,04,000/2000) = 52 Maximum number of shirt that can be bought = 52
A, B and C started a business. A invested Rs. 48000 for 12 months, B invested Rs. 60000 for 8 months and C invested Rs. 72000 for 6 months. If the total...
A, B and C enter into a partnership, A invest X + 10000, B invest 3X + 13000 and C invest X + 15000 for one year if B share is 40000 from total profit o...
Ram started a business with the capital investing Rs 6000. After 3 months Shyam also joined him, with the capital investing Rs 4000. They make a profit ...
Mr. Murthy invested Rs.16,000 in a scheme. How muck will he get on maturity, if he invested it at 20% per annum compound interest for 9 months, compound...
"P" and "Q" invested Rs. 4000 and Rs. 2500, respectively, to launch their businesses. 4 months later, "P" took out Rs. 1500 from his original investment...
Amit and Rohit started a business by investing in the ratio 4 : 3, respectively. After 8 months, Amit withdrew 25% of his investment, whereas Rohit incr...
Saurabh and Gurmeet started a business investing Rs. 80,000 and Rs. 50,000 respectively. In what ratio the profit earned after 2 years be divided betwee...
A invested Rs X in a scheme. After 6 months, B joined with Rs 3000 more than that of A. After an year, ratio of profit of B to the total profit was 5: 9...
- Aman began a business with a certain capital. After 3 months, Rohan joined him with Rs. 900 more than Aman had invested. If the profit at the end of the ye...
A and B entered into a business investing their capital in the ratio of 22:21, respectively and the respective ratio of time for which they made their i...
Relevant for Exams:
