Question

A businessman sold a shirt at a profit of 10%. If he purchased the shirt at 10% less price and sold it at ₹12 more, he would make a profit of 25%. What is the C.P of the shirt?
(A) 3500
(B) 480
(C): 2450
(D) 400​

Answer 1

ANSWER

(B) 480

Step-by-step explanation:

let the price of shirt be x then,

he had sold the shirt at 1.1x

Now, if he had purchased the shirt at 0.9x and sell it at 1.1x +12, he would have earned a profit of 25%

So, 1.1x+12/ 0.9x = 125/100 0r 5/4, by cross multiplying we get,=4.4x+48= 4.5x, 0.1x = 48, x= 480

Or, 1.1x-0.9x+12/ 0.9x = 25/100 or 1/4, by cross multiplying we get, 0.8x + 48 = 0.9x, 0.1x=48, x= 480