Question
A shopkeeper marked up of a shirt 60% above the cost price and sold at the discount of 25%, and made a profit of Rs.950. If the cost price of pant is 40% more than that of shirt and profit of both is same, then find the selling price of pant.
Solution
Let cost price of a shirt be 100x. Marked price of shirt = 160x Selling price of shirt = 160x × (75/100) = 100x + 950 => 20x = 950 => x = 95/2 So, selling price of pant = 100 × (140/100) × (95/2) + 950 = Rs. 7600
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