A shopkeeper offers buy one get one free offer on a t shirt marked at rs 2400
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Answer:
Rs. 900
Step-by-step explanation:
Missing point in question :- If after a sale, the shopkeeper earns a profit of 33.33% then what is the actual price of the T- shirt.
Answer :-
Since he sells at Buy 1 and Get 1 - Selling price of 2 T-shirt = 2400.
So effectively selling price of 1 = 1200
So he earns profit of 33.33% and Selling price = 1200, so the Cost Price will be as follows :-
Cost Price = Selling Price x 100 / (100 + Profit)
Cost Price = 1200 x 100 / 133.33 = 900
∴ Cost Price Per Shirt = Rs. 900
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