Sale price of 3 shirts is equal to cost price of 2 pants. If Cost price of one shirts is Rs. 1500/- and the seller earn a profit of 20% on each item he sells, how much will he earn by selling 3 shirts and 3 pants?
answer plz and explain also..!!!
Answers
Given :- Sale price of 3 shirts is equal to cost price of 2 pants. If Cost price of one shirts is Rs. 1500/- and the seller earn a profit of 20% on each item he sells, how much will he earn by selling 3 shirts and 3 pants ?
Answer :-
→ CP of 1 shirt = Rs.1500
→ CP of 3 shirt = 1500 * 3 = Rs.4500
now,
→ profit on each shirt = 20%
→ SP of each shirt = (1500 * 120)/100 = Rs.1800
so,
→ SP of 3 shirts = 3 * 1800 = Rs.5400 .
given that,
→ SP of 3 shirts = CP of 2 pants .
→ 5400 = CP of 2 pants
→ CP of 1 pant = Rs.2700
so,
→ CP of 3 pants = Rs.8100
then,
→ SP of 3 pants = (8100 * 120)/100 = Rs.9720 .
therefore,
→ Total CP of 3 shirts and 3 pants = 4500 + 8100 = Rs.12600
→ Total SP of 3 shirts and 3 pants = 5400 + 9720 = Rs.15120 .
hence,
→ Total profit he earns = SP - CP = 15120 - 12600 = Rs.2520 (Ans.)
if asked Total % profit then,
→ Profit % = (2520 * 100) / 12600 = 20% (Ans.)
Learn more :-
Christina purchased some articles for $2400. She sold two-third of the articles purchased at 10% loss. Find the profit p...
https://brainly.in/question/39275446
A person sells his table at a profit of 12.5% and his chair at a loss of 8.33% but on the whole he changed rs 12 on the ...
https://brainly.in/question/38842080
Answer:
He will earn 2520 Rs
Step-by-step explanation: