Question

A dealer bought 125 shirts at the rate of rs 110 shirt.Find the selling price of each shirt if he wants to make a profit of rs 5000.

Answer 1

Number of shirts= 125

Cost price of one shirt = Rs 110

Cost of 125 shirts = 110* 125= Rs 13750

Profit = Rs 5000

Selling price= Cost price + Profit= 13750 +5000=18750

Selling price of 125 shirts= 18750

Selling price of one shirt = 18750/125= Rs 150

To make a profit of Rs 5000, The dealer has to sell each shirt at Rs 150