New One Goal, Three Exams: Strategies for Mastering RBI, SEBI, and IFSCA Exams
Register

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

Practice Next

Relevant for Exams:

×
×