Question
The cost price of Shirt is Rs. 700 more than the cost price of T-shirt. Shirt is sold at a profit of 20%, and T-shirt is sold at a profit of 35%. If both shirts have the same selling price, find the cost price of shirt.
Solution
ATQ, (x+700) 120/100 = x135/100 24x + 16800 = 27x 3x = 16800 x = 5600 Cost price of shirt = 5600 + 700 = Rs.6300 Required answer = Rs.6300
More Profit and loss Questions
- The marked price of the washing machine is 10% above its cost price. The seller offers two successive discounts of 5% and 10%, respectively. If he incurs a...
- Marked price of an article is Rs. 2,500 which is Rs. 900 more than its cost price. If it is sold after giving a discount of ‘d%’ such that there is a profi...
- A man purchased an article for Rs 2,000. He sold it to the first customer at a 10% loss, and the first customer then sold it to the second customer at a 20...
- A shopkeeper sold three types of items A, B and C. He sold items A and B in the ratio of 16:21, while sold items C and A in the ratio of 5:8. The price of...
- A shopkeeper has ‘x’ kg Sugar and the cost price of ‘x’ kg Sugar is Rs. 7200. He sells half of the Sugar at a profit of 10%. At what profit % should he sel...
- A bought a laptop for Rs.15000. He spent 15% of the amount that he had paid for buying it for its repair. He then sold the laptop to B and earned a profit ...
- A seller purchases an item for Rs. 240 and sells it with a 20% discount, earning a profit of 20%. If the seller increases the discount to 25%, what would b...
- A retailer listed a watch at Rs. 600 and provided successive discounts of 10% and 20%. After all discounts, if his profit was Rs. 36, what was the cost pri...
- The marked price of two items, 'S' and 'R,' is identical. Item 'S' is sold with a single discount of 18%, while item 'R' is sold with two successive discou...
- Ratio of cost price of article ‘M’ and article ‘N’ is 5:6, respectively. Profit percentage earned on selling article ‘M’ is same as loss percentage incurre...