Question

A readymade cloth merchant purchased 20 shirts for 275 each. He sold 12 shirts at a
profit of 20%. The remaining shirts were sold at 6% loss. What is total profit%?
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Answer 1

Answer:

cost of one shirt=275 rupees

then, the cost of 20 shirt =20×275=5500 rupees

profit on one shirt=275 ×20%=275×20/100=55 rupees

then, profit on 12 shirt=12×55=650 rupees

loss on one shirt=275×6%=275×6/100=16.5rupees

loss on 8 shirt=8×16.5=132 rupees

total profit=650-132=518 rupees

total profit %=518×100/5500=9.41%