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    Question

    In a shop, shirts are usually sold at 50% above the cost

    price. During a sale, the shopkeeper offers a discount of 20% off the usual selling price. If he manages to sell 324 shirts for Rs.19440. Then his cost price per shirt is
    A 75 Correct Answer Incorrect Answer
    B 80 Correct Answer Incorrect Answer
    C 50 Correct Answer Incorrect Answer
    D 60 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the C.P. of 1 shirt = Rs. 100 M.P. of 1 Shirt = Rs. 150 S.P of 1 shirt = 80% of 150 = Rs. 120 Actual S.P of 1 shirt =  19440/324= Rs. 60 Now, 120 ------------ 60 100 ----------- (60/120) ×  100 = Rs. 50

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