Question
The first shirt is sold at twice the selling price of
the second shirt. The first shirt is sold at 8% profit and the second shirt is sold at a 3% loss. What is the overall percentage profit on the shirts (Rounded off to two decimal places)?Solution
Second shirt- Cost price (C2) Selling price (SP = 0.97C2) First shirt- Selling price (S₁ = 1.94C2) Cost price (C₁ =1.94C2/1.08 ≈ 1.796C2) Total cost price: C1+C2=1.796C2+C2 = 2.796C2 Total selling price: S1+S2 =1.94C2+0.97C2 = 2.91C2 Overall profit: =2.91C2 - 2.796C2 = 0.114C2 Overall percentage profit- =0.114C2 / 2.796C2 × 100 = 4.08%
Which organization received approval from the Indian Air Force in August 2024 to manufacture 200 Astra Mark-1 air-to-air missiles?
India’s first numberless credit card has been launched that will not display any card number, expiry date, or CVV number and allows customers to link ...
- Popir is a traditional dance form of which tribal community of Arunachal Pradesh?
What is the causative agent of Kala-azar, that was in the news recently?
The Cabinet approved the extension of the National Commission for Safai Karamcharis till which year?
- The concept of limited government is a major advancement to protect which of the following from ruling governments?
NHPC has inked a pact with ________ for implementation of 500 MW Dugar Hydroelectric Project in Chamba district?
Who has been conferred with the prestigious Arjuna Award, making her the first woman from Rajasthan to achieve this honor in the field of equestrian spo...
- What is the name of the quantum computing system being deployed at Quantum Valley Tech Park?
SEBI has reduced the validity period of approval given to alternative investment funds (AIFs) and venture capital funds (VCFs) for making overseas inves...
