Question
A man bought 2 shirts at the same price. He sold one
shirt at a profit of 15% and the other at a loss of 10%. If his total profit is Rs 30, find the cost price of each shirt.Solution
Let cost price of each shirt = Rs x. Profit on first shirt = 15% of x = 0.15x Loss on second shirt = 10% of x = 0.10x Net profit = 0.15x − 0.10x = 0.05x Given: net profit = 30 0.05x = 30 x = 30 / 0.05 = 600 Answer: Cost price of each shirt = Rs 600.
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